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Mahmoud
Mahmoud is a 37-year-old man, married and father of three, owner of a grocery and toy store. He lives in Beirut and opened his business in 2005. He had financial problems in the beginning but his previous loans helped him solve them. Mahmoud loves his job and treats his clients, who are essentially friends and neighbors, well.

This is his fourth loan cycle. He is requesting a loan from Al Majmoua to buy more products and toys for his store. In the future, he hopes to expand 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
  • $15,295,425
    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 buy more general products and toys for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012