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Ahmad
Ahmad is a 27-year-old man who lives in Saida, southern Lebanon with his wife. Ahmad has owned a small coffee shop since 2000. He also has a billiard table. Ahmad requested a loan from A. Majmoua in order to purchase merchandise for his shop and a new billard table. This is his third cycle and he has always paid on time.
Ahmad is speciA. in his work because he knows how to treat his clients and his clients feel comfortable coming to his shop. His clients are his friends, neighbors and others. When he first started his business, he didn’t have enough cash to purchase all he needed for his shop. Ahmad decided on this business because he learned it when he was young. In the future, he plans to improve his business and open a fruit and vegetable shop.

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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ahmad to purchase merchandise and a new billard table.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010