His work is of a good quality, and most builders in the region deal with him. In order to improve his business, Ahmad requested a loan from Al Majmoua for the first time to buy necessary aluminum stock to finish a requested project.
Ahmad works hard to improve his business and to increase his customer base. He's also building his own house and will invest part of his loan to buy necessary iron pillars and cement to finish part of it.
He hopes to make a small loving family, in addition to owning a factory of his own and to stop paying rent for another's.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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Success!! The loan was 100% repaid