A loan of $1,200 helped to grow his mobile phone business with new models and accessories, and prepaid cards.

Mohamad's story

Mohamad is a 26-year-old Palestinian refugee, married with one child. He was born in a Palestinian camp, just like most Palestinians living in Lebanon. His father died when he was very young, and his mother was the only person responsible for his upbringing.

To help his mother in meeting their needs, Mohamad used to help his uncle on his mother's side in his business. His uncle had a mobile phone shop, so Mohamad gained valuable experience in this area and he decided to start his own business in 2008.

Mohamad's shop is located in the camp where he is living. This is an issue, because he cannot expand his customer base outside the people living in the camp. Mohamad is sure that, if he could develop his shop properly, he could attract customers from his competitors.

Mohamad is therefore applying for a YOUTH loan from Kiva partner Al Majmoua, so he can increase his business capital to improve and develop his business. He is planning to invest in newly released mobile phones and accessories, and mobile prepaid cards. In this way, Mohamad intends to respond faster to his customer's requirements, and to improve his family's socioeconomic situation.

Mohamad hopes to continue to provide his family with the best living standards possible, and he is looking forward to expanding his business in the future and to start wholesale trading if possible.

Loan details

Lenders and lending teams

Loan details