Check out some available loans that are similar to this one!
Mohamad is a 48-year-old married man, and father of three children. A year ago he retired from the army and opened a Hookah shop, to make his living and cover his family's expenses. He sells all the Hookah equipment and accessories.
Mohamad has a very good reputation, that's why his customers prefer to deal with him than with others.
Mohamad applied for a loan from Kiva's partner Al Majmoua, in order to increase his merchandise with special Hookah models and designs to attract new customers and to fulfill customers’ needs and desires.
He hopes to expand his business more and more to fulfill different customers’ requests.

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
  • 37
    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 $1,500 helped Mohamad to increase his selection with special Hookah models and designs.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 14, 2013
Feb 4, 2013
Currency Exchange Loss:
May 17, 2014