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Mohamad is a 45-year-old married man, living with his wife and four children in Beirut. Mohamad has been selling shoes and bags for 30 years. He moved to the present shop in 2001 and he is very happy that he did this move because his shop is located in an important market with a high population.
Mohamad is requesting a loan from Kiva partner Al Majmoua, in order to increase his business capital by purchasing newly released shoes and bags especially for the summer season.
Mohamad's long experience gave him customer's trust and support. That's why he insists on exceeding their expectations.
He hopes to keep providing his family with the best living conditions and at the same time supporting his business 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
  • 65
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad to improve his business by adding the new shoes collection.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 23, 2012
Jul 30, 2012
Currency Exchange Loss:
Sep 17, 2013