Funded

Total loan: $2,000
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Mohamad

Lebanon
Nabatieh, Lebanon / Metal Shop

A loan of $2,000 helped to purchase new equipment that is necessary for his workshop’s growth and expansion.


Mohamad's story

Mohamad is a 27-year-old married father of one child. He and his wife, who is an employed accountant, work hand in hand to cover their family expenses. Mohamad has worked in the aluminum sector for 16 years and set up his own workshop around a year ago. In the beginning, he had high hopes regarding his business; however the lack of capital hindered its growth. This did not stop Mohamad from fulfilling his ambition and his positive vision towards life led him to a successful borrowing experience with Al Majmoua. For two consecutive loan cycles, Mohamad was able to develop his business and further increase his income. Currently, he is acquiring a third YOUTH loan from Kiva partner, Al Majmoua, which he will use to purchase new equipment that is necessary for his workshop’s growth and expansion. According to Mohamad, these loans reinforce his hope for achieving his dreams.



Loan details

Loan length:

18 months
Disbursed date: March 31, 2014
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: March 31, 2014
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development