Check out some available loans that are similar to this one!
Mahdi is a 24-year-old single man, who has been working in the agriculture business for two years. Mahdi is a hard worker who specialized in planting grains, egg plant and beans. He likes his business a lot and is looking forward to expanding it through selling his products in the wholesale market.

That’s why is applying for a YOUTH LOAN from Kiva partner Al Majmoua, in order to get a driving license to be capable of transporting his products and selling it in the market. This way it will help him introduce himself and his products more widely in his neighboring regions. Mahdi hopes to keep on expanding his business more and more and to move to another kind of agricultural business.

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

  • $15,800
    Average annual income
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $19,495,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Mahdi to get a driving license to be capable of transporting his products and selling it in the market.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Feb 15, 2013
Currency Exchange Loss:
Nov 17, 2013