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Mohamad
Mohamad is a 32-year-old married father of two children. He is a Palestinian refugee, who has been working as a barber for the past fourteen years.
Mohamad is well known in his region with the good reputation he has developed and special talents in his domain. He seeks perfection in both his social and economic situations, especially to provide his family and beloved children the best living and education ever.

Thus for this reason, he is acquiring a loan from Kiva's partner Al Majmoua, to pay for his children's increasing school fees. Mohamad hopes to stay capable of improving his family's socioeconomic situation to make sure their dreams come true.

Additional Information

More information about this loan

This loan is part of Al Majmoua's efforts to finance school expenses such as books, stationary, transportation and fees for students whose families have low incomes. Funds can be used for partial or complete payment of school expenses. By supporting this loan, you're enabling access to education for students with limited options.

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.


Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $15,800
    Average annual income
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Mohamad to pay for his children's increasing school fees.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 18, 2014
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2015