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Mohamad, a 35-year-old married father of two babies, has been working in aluminum-manufacturing for 18 years. A Palestinian refugee, he started this kind of work to support his parents. In December of 2012, Mohamad established his current business, and he is working hard to develop it properly to improve his socioeconomic situation.

Mohamad is acquiring a loan from Kiva partner Al Majmoua to buy an important newly released aluminum-pressing machine. He is looking forward to acquiring it in order to develop his business and reply faster to customers' needs and requests. This will reflect positively on his family's socioeconomic situation.

Mohama hopes to keep on developing his business and will work hard to recruit someone to help him when business increases.

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
  • 74
    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 buy an important newly released aluminum pressing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 11, 2013
Dec 8, 2013
Currency Exchange Loss:
Dec 17, 2014