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Mahdi
Mahdi is a 42-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their four children. Mahdi has owned a butcher shop for fifteen years. He requested a loan of 2000 US dollars from Al Majmoua in order to purchase goats for his shop. This is the first time that Mahdi has requested a loan.
Mahdi is special in his work because he knows how to treat his clients. His clients are his friends, neighbors and others. When he first started his business, he had to face the competition. Mahdi decided on doing his business because of his experience. In the future, he plans on expanding his business.

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
  • 95
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mahdi to purchase goats for his shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010