Bakery

This loan helps to buy a bakery and develop this new business in parallel to his current business providing car electric maintenance services.

Mohamad is a 24-year-old single Palestinian refugee. He has run his current business providing car electric maintenance services for the past seven years.

Mohamad had to quit school at early age to start working and support his family members. In parallel to his current business, he runs a small bread- and pastry-distribution business for additional income.

To improve his social and financial situation, Mohamad is acquiring a YOUTH loan product from Kiva's field partner Al Majmoua to buy a bakery and develop this new business in parallel to his current car maintenance business.

He hopes to continue developing his skills and businesses to make sure that he can benefit from a secure living.

Totaal lening bedrag € 1.320

Lokale Kiva partner

Al Majmoua Lebanese Association for Development

Beoordeling (0-5)      

Status

Sinds 30-11--0001

Achterstallig 0,00 %

Rente & vergoedingen worden berekend Ja

Totale kosten (%) 31,73 %

Wanbetaling 0 %

Leningen totaal bedrag € 6.326.525,00

Projecten 4.603

( bekijk leningen )

Sociale meerwaarde

• Armoedebestrijding
• Kwetsbare groepen
• Luistert naar leners
• Gezin en gemeenschap
• Ondernemerschap