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Mahmoud
Mahmoud is a fifty-year-old married man and the father of two children. In 1983 Mahmoud opened a grocery store in his village to serve his villagers with most of their needs. He has 30 years of experience in this domain. Mahmoud is a hardworking man with an excellent reputation. His shop is filled with many different things attractive enough for customers to buy even though they don't need them at the moment. In addition to food, candies & sweets, Mahmoud sells children toys, and that's why he needs a variety of items that can catch children's attention.

To do so, Mahmoud applied for a loan from Kiva partner, Al Majmoua. This is his first experience as an Al Majmoua borrower, and he hopes his future loans will be invested in expanding his business more and more. Mahmoud might use part of the loan in helping his son do necessary sanitary work in his future house.

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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    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 increase his business merchandise with new seasonal products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2012
Listed
Jan 31, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012