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Mouhamad
Mouhamad, 45, lives in Beirut, the capital of Lebanon, with his wife and their three children. Mouhamad has owned a bakery for 30 years. He sells mankoucheh, which looks like a folded pizza. The most common toppings are zaatar (thyme), jebneh (cheese), and lahm bi ajin (chopped meat). You can eat mankoucheh anytime of the day, but somehow it tastes better in the morning. Mouhamad is requesting a loan of $1000 USD from Al Majmoua in order to purchase raw materials for his bakery. This is the first time that Mouhamad has requested a loan.
Mouhamad does his work well. His clients are his friends and neighbors. 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
  • 54
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mouhamad to buy raw materials for his bakery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2009
Listed
Feb 12, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010