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Mohamad is a 23-year-old engaged man. A year ago, he opened his current restaurant, directly after he finished his vocational studies in hospitality. Luckily, he has not faced any remarkable difficulties.

In parallel to his restaurant, Mohamad is establishing an internet station, where he is going to provide internet services to villagers upon request. He is working hard to develop both businesses to earn a good income so he can move forward with his marriage plans.

Mohamad is requesting a YOUTH loan from Kiva’s partner, Al Majmoua, to buy internet station equipment to start providing this service properly. He hopes to continue developing and expanding both businesses in a well managed way.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 184
    View loans »
    Lebanon Loans Fundraising
  • $17,467,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mohamad to buy internet station equipment so he can provide internet service to people in his community.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 3, 2014
Apr 30, 2014
Currency Exchange Loss:
Aug 17, 2015