Check out some available loans that are similar to this one!
Mahmoud is a 48-year-old man who lives in Tyre, southern Lebanon with his wife and their three children. Mahmoud has been working as a car painter. He requested a loan of US $1500 from Al Majmoua in order to purchase painting tools for his work. This is the first time that Mahmoud has requested a loan.

Mahmoud is special in his work because he does it well. His clients are his friends, neighbors and people from his region. When he first started his business, he had difficulty building a network. Mahmoud decided on doing his business because of his experience. In the future, he plans on improving his work and learning new decorating techniques.

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
  • 137
    View loans »
    Lebanon Loans Fundraising
  • $16,673,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mahmoud to purchase painting tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 4, 2009
Jul 1, 2009
Currency Exchange Loss:
Apr 15, 2010