Check out some available loans that are similar to this one!
Mohamad is a faithful and hard-working businessman who sells groceries to his customers. He is a 20 year old single man. He spends most of his time taking care of his work. He trades in groceries like candies, mineral water, toiletries, canned food, biscuits, beverages (juices and soft drinks) and so on. He has operated the shop for the past 2 years, but when he was younger, since he took after his father, he used to help him. Therefore, he gained lots of experience and knows how to please his clients, which makes him successful in his groceries sales. He plans to use the loan to purchase more stock of groceries to serve his customers. This is the first time that he has requested a loan.

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
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $19,472,825
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Mohamad to purchase more stock of groceries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 27, 2010
Apr 23, 2010
Currency Exchange Loss:
Apr 15, 2011