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Adham
Adham is a 27-year-old entrepreneur from Lebanon. He is married and has two dependents living with him. His wife is currently pregnant with their second child. Adham has rented a shop for selling and repairing motorcycles and spare parts since 2005. His customers include friends, neighbors, and other people from his community who have learned about his business from previous or current customers. Adham believes that it is high quality work and experience that have helped him succeed.

He is requesting a loan of US$ 1500 from Kiva partner, Al Majmoua. He plans to use the loan to purchase more spare parts to sell as well as purchase a new motorcycle. Adham is hoping to continue expansion of his business in the future so that he can better provide for his family and the new baby.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Adham to purchase spare parts and a new motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2010
Listed
May 10, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011