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Mahmoud
Mahmoud is a 29-year-old man who lives in Saida, in southern Lebanon. Mahmoud has been working as a sewer since 1996. He repairs and produces all types of clothes. Mahmoud decided on this business because he wanted to have independent work and likes sewing. He is exceptional in his work because he knows how to treat his clients and does a good job. His clients are his friends, neighbors and others. However, at first he had some difficulty building networking, to make himself known to the public.

Mahmoud requested a loan from Al Majmoua in order to purchase a new sewing machine for his work, which will allow him to improve his productivity. This is the first time that Mahmoud has requested a loan. 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
  • 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 $1,000 helped Mahmoud to purchase a new sewing machine for his work.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2010
Listed
Jan 14, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010