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Mohamad is a 41 year-old single man who has been selling fresh chickens for 12 years to make his own living. Mohamad is applying for a loan from Kiva partner Al Majmoua so that he can increase his business merchandise with a big quantity of live chickens in order to be capable of meeting his customers' needs. This loan will help him increase his business capital, which will improve his income and living.

This is Mohamad's first cycle as an Al Majmoua borrower. He hopes with the future loans he will be capable of making his dream of opening a chicken farm come true.

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
  • 47
    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 business merchandise with a big quantity of live chickens.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Feb 14, 2013
Currency Exchange Loss:
May 17, 2015