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Ahmad
Ahmad is a 26 year old single man from Lebanon. Ahmad had been running a painting business for five years now. He is skilled in painting homes. He says that he is very committed to his work and proud of his experience. He says that finding better ways to advertise his business has been a challenge. Ahmad is a hardworking man who does his best to make himself known and satisfy his clients' demands.

He is requesting a loan from Al Majmoua, Kiva partner. He plans to buy paints and electrical wires for his work. This is his second loan from Al Majmoua. His previous loan allowed him to improve his work. He hopes to further expand his business 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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Ahmad to buy paints and also electrical wires for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011