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Mouhamad is a 30-year-old man from Lebanon, working as a blacksmith for three years. Mouhamad has requested a loan from Al Majmoua in order to buy an important steel welding machine, which is necessary for his work and makes it easier. This is Mouhamad’s third cycle with Al Majmoua,and he has proved to be an honest person through his repayment schedule. Mouhamad believes that this machine can improve his work and expand his working region. He hopes to cover his region as much as he can and to be known by all as a man with professional work. Mouhamad hopes to have a small family that is educated and to never fear the future.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $18,176,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mouhamad to buy an important steel welding machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 6, 2010
Jul 23, 2010
Currency Exchange Loss:
Aug 15, 2011