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Mouhamad
Mouhamad is a 38-year-old man who lives in Nabatieh, southern Lebanon with his wife and their one child. For the last three years, he has owned a pet store where he sells birds and fish. He has requested a loan of $1,500 from Al Majmoua to buy more merchandise for his shop. This is the first time that Mouhamad has applied for a loan from our organization, but we are confident he will be able to repay because he has clients from all over the area and much experience in this field.

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
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mouhamad to buy merchadise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010