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Mohammad
Mohammad is a 49 year old man who lives in Tyre, southern Lebanon, with his wife. Mohammad has owned a coffee shop since 1999. He sells all kinds of coffees, teas and Nescafe. Mohammad is special because he knows how to treat his clients. His clients can be anybody, but mostly his friends and neighbors. When he first started his business, he didn’t have the startup capital. He has requested a loan of 1200 US Al Majmoua in order to purchase raw materials and merchandise for his coffee shop. This is the first time that Mohammad has requested a loan. In the future, he plans on expanding his business by opening a restaurant.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mohammad mohammad would like to purchase raw materials and merchandise for his coffee shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010