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Mahmoud
Mahmoud is a 30-year-old single man who has owned an internet café and an entertainment shop for four years. He also sells computer accessories, which increases his income. Mahmoud hasn’t faced any obstacles to be mentioned, and he is working hard to keep on developing his business properly. Mahmoud is acquiring a youth loan from Kiva’s partner Al Majmoua to buy new computers for his shop so he can reply to the increasing number of customers requesting such services. He also provides them with PlayStation services, and in this way, he fills their time in an entertaining, healthy way. He hopes to keep on expanding and developing his business in a well-managed way to increase his income and improve his living.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,855,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Mahmoud to buy new computers for his shop so he can reply to the increasing number of customers requesting such services.
83% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2014
Listed
May 3, 2014
Currency Exchange Loss:
N/A