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Mahmoud
Mahmoud is a 28-year-old engaged man who lives in Tyre, in southern Lebanon. Mahmoud has owns a computer and mobile phone shop. He repairs and sells computers and mobile phones, as well as their accessories. He requested a loan of $1000 USD from Al Majmoua in order to purchase more merchandise for his shop and computer spare parts. This is the first time that Mahmoud has requested a loan.

Mahmoud is good at his work. His clients are his friends and neighbors. When he first started his business, he didn’t have the startup capital. Mahmoud decided on doing this business because of his experience in the business, as well as he likes working with phones and especially with computers.

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 $1,000 helped Mahmoud to purchase merchandise and computer spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2009
Listed
Mar 6, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010