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Mahmoud
Mahmoud, 44, is a married man and has 3 children who are enrolled in school. He owns a grocery shop close to the place he lives in the Southern Suburbs of Beirut. He needs a loan in the amount of US$ 1,200 to pay the school bills of his children. This is the second time Mahmoud has requested a loan from Al Majmoua. He successfully repaid his previous loan on time.

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

  • $15,800
    Average annual income
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mahmoud to pay his children's school bills.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 26, 2008
Listed
Jun 28, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009