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Mahmoud
Mahmoud is a 61-year-old man who lives in Nabatieh, southern Lebanon with his wife and their five children. Mahmoud owns a bookstore. He also sells stationery and has a printing machine.

Mahmoud requested a loan of 3,000 US dollars from Al Majmoua in order to purchase merchandise for his bookstore and to repay his debts. Mahmoud has been a microcredit client for eight years now and has always paid on time. His previous loans helped him improve his bookstore business. His clients can be anybody. In the future, he plans on improving his bookstore.

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

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mahmoud mahmoud will use the loan to purchase merchandise for his bookstore and reimburse his debts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010