Check out some available loans that are similar to this one!
Ahmad
Ahmad is a 27 year-old man who lives in Nabatieh, southern Lebanon with his wife and their child. Ahmad has been working as a house painter for four years. Ahmad is requesting a loan from Kiva partner Al Majmoua in order to buy Mouneh which is an agricultural product and other raw materials such as thyme, flour, oil, etc. in order to open a bakery and a cafe to improve his income. His clients are all his neighbors. He plans to improve and expand his work in the future.

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
  • 88
    View loans »
    Lebanon Loans Fundraising
  • $15,255,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ahmad to buy raw materials for baking.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2009
Listed
Nov 26, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010