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Mahmoud
Mahmoud is a 45-year-old married man living in Nabatieh with his wife and four children. He has sold chickens since 2005, and his clients all approve of his good-quality products. Mahmoud owns the only chicken store in his region so his clients are happy not to have to go to the nearby village to buy chicken. Mahmoud is requesting a loan from Al Majmoua in order to develop his business by buying more chickens, eggs, and necessary business supplies. He hopes to own a farm of his own some day where he can raise his own chickens.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    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 develop his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Sep 3, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011