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Mahmoud
Mahmoud is a 40-year-old married man and father of one child. He has been selling clothes since 2004. Mahmoud doesn't have a shop. He sells his products through his van by passing among most of the nearby villages. Mahmoud is known by most of the people, because of his special communication skills, and best customer service. He works hard on improving his business, through providing good quality products with special prices and increasing the collections he has.

Mahmoud is planning to get ready for the autumn/winter collection because he states that this time is the perfect time to get what you want at the best price. That's why he requested a loan from Al Majmoua-Kiva partner, in order to buy them. It is his first time to deal with Al Majmoua. He hopes that this experience will have a positive effect on his business and social life, so he can provide his child with the best education and his family with healthy living. Mahmoud plans to change his van to a bigger one in the future, so he can increase his merchandise.

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
  • 78
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • 1,503.9
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mahmoud to buy the new autumn/winter collection at special prices.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2011
Listed
Sep 10, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012