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Mahdi
Mahdi is a 28-year-old married man and a father of one child. Mahdi has been working in the transportation business for 14 years.

Mahdi started working early to help his parents in making their living. He couldn't finish his intermediate studies, but he insists on providing the best education for his child. That's why he is working hard on improving his business to increase his income and respond to his family's needs.

Mahdi applied for a YOUTH LOAN from Kiva's partner Al Majmoua in order to buy necessary diesel and wood, in addition to carpets to warm up his family in the coming autumn/winter season.

Mahdi hopes to stay in good health to keep on providing a good living to his family members.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $15,017,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mahdi to buy necessary diesel and wood, in addition to carpets to warm up his family in the coming autumn/winter season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2012
Listed
Oct 19, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013