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Mohamad
Mohamad is a 22-year-old engaged man who lives in the Bekaa. Mohamad has been working in agriculture. He plants potatoes, tomatoes, wheat and other vegetables. He also sells milk.


Mohamad requested a loan of $1500 US Dollars from Al Majmoua in order to purchase livestock. This is the first time that Mohamad has requested a loan.


Mohamad is special in his work because he knows how to treat his clients. His clients are his friends and neighbors. When Mohamad first started his business, he had difficulty building networks. Mohamad decided on doing his business because he wanted to have independent work. In the future, he plans on expanding 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
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mohamad mohamad will use the loan to purchase livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 23, 2009
Listed
Mar 21, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010