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Mohamad
Mohamad is a 28-year-old man who lives in Bekaa, Lebanon. Mohamad has owned a computer store for 10 years. He has been selling computer software. He also does computer maintenance and repairs. He is an experienced businessman, who worked with computers before he started his own business. His clients are his friends and neighbors from his area.


Mohamad requests a loan of $1200 from A. Majmoua in order to purchase computer spare parts and new computers. This is the first time that Mohamad has requested a loan. In the future, he plans to expand his business.

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

  • $5,900
    Average annual income
  • 43
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mohamad purchase computer spare parts and new computers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2009
Listed
Feb 4, 2009
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009