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Mahmoud
Mahmoud is a 46-year-old married man who lives in Bint Jbeil with his wife and six children. He works in construction, specializing in cement work. His work is very professional and most of his customers recommend him to others. Mahmoud works hard to provide for his family members. He hopes to give them the perfect education they deserve, in addition to a healthy and relaxing standard of living. Mahmoud is requesting a loan from Kiva partner, Al Majmoua, for the second time in order to buy wood for his business. His previous loan was very helpful for his business and he was a good borrower too. In the future, Mahmoud hopes to expand his business and buy professional 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

  • $5,900
    Average annual income
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mahmoud to buy wood for his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Mar 7, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012