Check out some available loans that are similar to this one!
Ahmad
Ahmad is 35 years old and married. He sells engine mufflers for a living. He has nine years of experience in his work, and he likes his work. He is trying to secure a good future for himself and for his family, and he would like to increase his income. He likes to work, and he stands out in his field due to his attention to detail and the lack of competition in his field in the region he lives in. However, material difficulties are hindering him from developing his business. With a loan from al-Majmoua, he would like to buy goods for his store, including engines and mufflers. He would also like to use the loan to buy steel since he would like to develop his store by manufacturing mufflers. He is ambitious and organized in his work. He has customers from among the owners of the workshops in his area as he is always developing his business further and progressing in his field.
احمد عمره 35 سنة متزوج يعمل في بيع الكواتم للموتورات له في عمله 9 سنوات يحب عمله يسعى الى تأمين مستقبل جيد له ولعائلته يريد ان يزيد من مدخوله فهو محب للعمل يتميز بالدقة في العمل والقلة في محيطه فهو لا يعاني من المنافسة سوى من بعض النقص المادي التي يعيق تطور عمله يريد من خلال طلب قرض من المجموعة الى شراء بضاعة للمحل موتورات وكواتم وايضا يريد ان يطور عمله من خلال شراء الحديد لتصنيع الكواتم فهو طموح يمتلك عقل مدبر في العمل له زبائن من اصحاب المصالح الكبيرة في الورش فهو دائم التطور والتقدم في مجال تطوير العمل

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

  • $15,800
    Average annual income
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $16,124,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ahmad to purchase items for his muffler shop such as engines, engine mufflers, and steel for manufacturing mufflers .
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
May 1, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012