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Mahmoud
Mahmoud is a 34-year-old man who lives in Tyre, southern Lebanon. Mahmoud has been working as a home and interior painter since 2006. When he first started his business, he didn’t have enough cash to purchase all the needed tools.

Mahmoud has requested a loan from A. Majmoua in order to purchase tools for his work. This is the first time that Mahmoud has requested a loan. He is speciA. in his work because he does a good job. His clients are his friends, neighbors and others. He decided on doing his business because he wanted to have an independent job. In future, he plans on improving his business by purchasing more sophisticated tools.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mahmoud to purchase tools for his work.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2010
Listed
Mar 3, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011