Funded

Total loan: $2,500
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Mohamad

Lebanon
Ain, Lebanon / Manufacturing

A loan of $2,500 helped to buy an aluminum compressor necessary to improve his business.


Mohamad's story

Mohamad is a 55-year-old married man and father of two children. Mohamad has been manufacturing aluminum closets, doors and windows since 2005. He is very skilled in this business, and he is recommended by most of his customers, many of whom are builders. Mohamad is looking to improve and update his machines through a loan requested from Kiva's partner, Al Majmoua, which he will use to buy a new aluminum compressor. This will help him perform his work in a more professional way.

This is Mohamad's second borrowing cycle with Al Majmoua. His previous loan was very effective, and he hopes this one will have a greater impact on improving his social and financial situation. Mohamad wants to provide a better lifestyle for his family and expand his business more and more in the future.



Loan details

Loan length:

17 months
Disbursed date: August 12, 2011
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: August 12, 2011
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development