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Mahdi
Mahdi is 42 years old and works in a grocery store where he also sells mobile phone lines. He has twelve years of experience in this line of work. He is a bachelor, and he is trying to secure a good financial future for himself so that he can start a family. He would like to have a big family. With a loan from al-Majmoua, he would like to buy supplies and mobile phone lines for his store. He has experience in his business, and he is always striving to develop it, as well as improve his financial situation and his social status. He has customers from his community and from among his neighbors and friends, and his last loan from al-Majmoua helped him to improve his financial situation. He also received much support from his community during his last loan.
مهدي عمره 42 سنة يعمل في محل لبيع المواد الغذائية وخطوط تعبئة للهواتف النقالة له في عمله12 سنة اعزب يسعى الى تأمين مستقبل جيد حتى يتمكن من تأسيس عائلة يحب ان يكون له عائلة كبيرة يريد من خلال طلب قرض من المجموعة الى شراء مواد اولية للمحل وخطوط تعبئة للهواتف النقالة له خبرة في عمله يريد دائما تطوير العمل وتحسين الوضع المادي والاجتماعي له زبائن من محيطه وجيرانه واصدقائه وقد ساهم القرض السابق من المجموعة الى تحسين وضعه المادي وكان يلقى دائما الدعم الكامل

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mahdi to buy supplies and mobile phone lines to sell in his grocery store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012