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Mouhamad is a 45-year-old man who lives in Tyre, Southern Lebanon with his wife and their five children. Mouhamad has been selling vegetables and coal for seven years. He has requested a loan of $1000 US dollars from Al Majmoua to purchase merchandise for his work. This is the first time that Mouhamad has requested a loan.

Mouhamad is special in his work because he has good quality products. His clients can be anybody. Mouhamad chose his business because he wanted to work independently. 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

  • $15,800
    Average annual income
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mouhamad mouhamad will use the loan to purchase merchandise for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 16, 2009
Mar 18, 2009
Currency Exchange Loss:
Apr 15, 2010