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Mohamad, 50, is a married father of three children who lives with his family in Qana. For 20 years, he has worked raising bees, a business he took from his father, and most of his clients are loyal as they dealt with his father and now come to him for the good quality of honey they serve.

Mohamad provides his customers with summer honey, which he considers the best, unlike others who serve spring honey. He is an expert in his domain and a man with a good reputation. He seeks perfection in his business, which is why he's requesting his first loan from Al Majmoua in order to buy necessary tools and medicines for his business. Mohamad also plans to help his son to continue building his house as much as he can.

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $19,292,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mohamad to buy necessary tools and medicines for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 14, 2011
Jul 15, 2011
Currency Exchange Loss:
Oct 15, 2012