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Mahmoud
Mahmoud is a 44-year-old man who lives in Saida, Southern Lebanon with his wife and their six children. Mahmoud has been in the sanitation business since 1985. Mahmoud requested this loan from A. Majmoua in order to purchase some tools and electricA. wires for his work. Mahmoud has been a microcredit client for five years now and has always paid on time.


Mahmoud is speciA. in his work because of his experience. When he first started his business, he didn’t have a big network, but after almost 25 years of experience, he has an extremely big network. Mahmoud decided on doing this business because he learned it when he was young. His plan for the future is to keep on improving his work.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    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 some tools and electrical wires for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010