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Mahdi
Mahdi is a 43-year-old married man from Lebanon. He has six people living in his household. He has been working in the agricultural industry since 1993. His business includes raising livestock and working as a butcher. His main customers are friends and neighbors. He is proud of his ability to effectively manage his work and money and of the high quality of his work. He notes that he has faced challenges in acquiring sufficient financing for his business.

He is requesting a loan from Kiva partner, Al Majmoua. He plans to use the loan to purchase more sheep. He hopes to further expand his business in the future.

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
  • 136
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mahdi to purchase more sheep.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 15, 2010
Listed
May 14, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 21, 2011