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Ayman
Ayman is a 23 year old borrower from Lebanon. Ayman is a dedicated construction worker. In order to improve his business, he has requested a loan from Al Majmoua to buy tools for his business. He hopes that with his loan, he will be able to support his family and work on bigger projects.

When he first started his business, he had some financial issues buying the necessary tools for his work. But thanks to his previous loan, he was able to supplement his tools and improve his work. This is his second loan from Al Majmoua. He hopes for the future, to keep on improving himself and growing in this field of industry.

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
  • 109
    View loans »
    Lebanon Loans Fundraising
  • $15,361,075
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Ayman to buy tools for his work.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 13, 2010
Listed
Jul 9, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011