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Ahmad
Ahmad is a 30 years old married man, father of four kids, from Tripoli. Ahmad is a whole sale business man dealing with Iron, metals and hard wares since 2005. Ahmad is requesting a loan from Al Majmoua in order to buy more products to his work for storage; to the suitable time to sell depending on the market; such as old iron, copper, aluminum and plastic. He seeks increasing his capital. Ahmad hopes to improve and expand his work as he believes it’s a very important business, but it needs increasing capital continuously.

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
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    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 more products to his work for storage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Sep 15, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011