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Mahmoud
Mahmoud is a 50-year-old married man and a father of three children. He works hard to improve his family's standard of living and provide them with the best education ever.
Mahmoud is a hardworking man. He has 25 years of experience in selling fruits and vegetables. In 2001, Mahmoud started his own business. Using a small car he owned, he started to sell fruits and vegetables to nearby villages and towns. Later he exchanged the car for a small truck, which helped a lot in expanding his business and increasing the quantity of products he was selling. His income increased at the same time. Mahmoud did all this because he was aware that he has a family that he has to take good care of and provide with a good and healthy lifestyle.
Mahmoud is requesting a loan from Kiva partner Al Majmoua for the first time. He will use the loan to increase his merchandise by buying special seasonal fruits and vegetables. He hopes to expand his business to start wholesale trade in the future.

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
  • 23
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mahmoud to buy special seasonal fruits and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Jan 10, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013