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Mohamad Fayez
Mohamad Fayez is a 48 year-old widowed father of four children. He is a hard working man who sacrifices his life for his children's happiness and living.

Mohamad Fayez has been a furniture maker since 1993. His special talent is painting furniture and he is well known in the region.

Mohamad Fayez is applying for a loan from KIVA partner Al Majmoua, to buy necessary business products such as paints and furniture coloring materials.

This is Mohamad Fayez's second experience with Al Majmoua, his previous loan helped him improve his business, and he is very optimistic about this 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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $18,206,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mohamad Fayez to buy necessary business products such as paints and furniture coloring materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Mar 30, 2012
Apr 29, 2012
Currency Exchange Loss:
Apr 17, 2013