Check out some available loans that are similar to this one!
Ahmad
Ahmad is 24 years old and single. For the past four years he has worked in the electrician field. He loves this field and it was his major during his studies at a nearby college. He would like to make it his lifetime career. Ahmad has a good reputation and is an energetic hard worker who is young enough to handle all of the work he gets. He believes he must take advantage of his age and good health to create a good customer base and make a place in the market.

Ahmad is requesting a loan from the Kiva partner Al Majmoua to buy new advanced and updated tools and machines to help improve the quality of his work and ability to take on as many projects as he can get. Ahmad hopes that through improving his business he will be able to save some money and build his own house to support a small family such as everyone dreams about. In the future, he also hopes to expand his business and open an electrical supply shop.

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
  • 115
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ahmad to buy new and updated tools and machines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012