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Ammar, 56, is a married construction worker specialized in cement making and building. He works hard to do everything in his projects, including building, blending cement and making the cement covering. Ammar is requesting his third loan from Al Majmoua in order to buy raw materials needed to make his cement blend.

Ammar is an honest and good standing borrower who works hard to please his customers. He is a hard worker and seeks perfection in his business. He hopes to expand his work and widen the region in which he sells cement.

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
  • 126
    View loans »
    Lebanon Loans Fundraising
  • $16,605,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ammar to buy raw materials for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 16, 2011
Jun 7, 2011
Currency Exchange Loss:
Aug 16, 2012