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Mohamad
Mohamad is a 26-year-old man who lives in Bint Jbeil, in southern Lebanon. Mohamad has been working as a tiler for five years. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase a generator for his business. This is his second loan cycle and he has always paid on time.



The loan has influenced his life in a good way by increasing his income. Mohamad is special because he is particularly good in his work. His clients are his friends and neighbors. When he first started his business, he had difficulty building networking. In the future, Mohamad plans to purchase a tile machine.

Additional Information

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $16,078,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad to purchase a generator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2009
Listed
Jan 19, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010