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Ahmad
Ahmad is a 41 year old married man and the father of 6 children. Has been working as a grocery store owner since 2000. Ahmad opened in 2000 his store in Ain where he sells food and beverages in addition to tobacco.

Ahmad is requesting a loan from Al Majmoua for the first time in order to prepare himself for the Holy Ramadan Season, where people start to get prepared early through buying and storing cereals, milk, rice, sugar and a lot of vegetables.

Ahmad is a man with a strong personality and good communication skills. He loves his family and village and villagers a lot and seeks the best for all. Ahmad hopes to increase his business turnover and to improve it, and to own a new shop next to the main road.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    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 get ready for Holy Ramadan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012