Check out some available loans that are similar to this one!
Mahmoud
Mahmoud is a 25-year-old single man. He has been selling electrical appliances for 9 years. He was only 16 years old when he started working in this domain, and he is well known in the region. He also works as an electrician, and the shop is an additional income business, from which he benefits when he is working in a certain construction project.

Mahmoud is applying for a YOUTH loan from Kiva partner Al Majmoua, in order to increase his business capital with newly released electric items that are highly requested in the projects on which he is working.

Mahmoud is very excited for this loan, because he is sure that it will have a very positive effect on improving both his social and financial situations.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mahmoud to buy newly released electric needs.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014