Funded

Total loan: $1,500
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Mahmoud

Lebanon
Saida, Lebanon / Mobile Phones

A loan of $1,500 helped to purchase more phones, accessories and recharge cards to sell; this will considerably increase his revenues.


Mahmoud's story

Mahmoud is a 43-year-old single Palestinian man who owns a mobile phone store. Besides cellular phones, he also sells their accessories, mobile recharging cards, and offers software programming. Mahmoud’s business start-up was difficult due to a lack of capital; however, with his ambition and business-oriented mind, he succeeded.

Mahmoud is applying for a loan from Kiva’s partner, Al Majmoua. He will invest the money in buying more phones, accessories and recharge cards; this will considerably increase his revenues. Mahmoud’s client base is wide and can expand more given the high demand for this industry in Lebanon. Mahmoud hopes that one day he can become a local dealer for the Nokia brand in Lebanon.



Loan details

Loan length:

17 months
Disbursed date: February 18, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: February 18, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development