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Mahmoud
Mahmoud is a 63-year-old man who lives with his wife and their four children in Saida, Southern Lebanon.

Mahmoud has been selling aluminum, iron, plastic and copper for twenty one years. He requested a loan of $2,500 from Al Majmoua in order to purchase merchandise for his work. This is his fourth loan and he has always repaid on time.

Mahmoud is special in his work because he knows how to treat his clients. His clients can be anybody, but usually they are traders. He decided on his business because of his experience but when he first started his business, he didn’t have a lot of cash. 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

  • $5,900
    Average annual income
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $14,614,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Mahmoud to purchase merchandise for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010