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Mahmoud
Mahmoud is a 35-year-old married man, father of one child. He has worked fixing auto bodies for the past 21 years. He was only 14 years old when he started working to help his parents in making their living. Mahmoud opened his own garage in 2007, and is well-known in the area for his good quality of work. Mahmoud is working hard on expanding his business to make sure that his customers are highly satisfied.

Mahmoud loves his family a lot and works hard to provide them with the best living. That's why he applied for a loan from Kiva partner Al Majmoua, in order to buy necessary furniture for his house. This loan will help him a lot, and won't affect his business capital. It will fulfill his family's needs.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $15,800
    Average annual income
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Mahmoud to buy necessary furniture for his house.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Sep 7, 2012
Currency Exchange Loss:
N/A
Expired:
Oct 7, 2012