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Ahmad
Ahmad is a 28-year-old, single man from Tyre. He has been working in construction, specializing in painting homes and offices for 11 years, but he started his own business in 2008.

Ahmad is a hard worker. He works on improving his business through renewing his tools and searching for new themes and painting techniques, to fulfill his customer's needs and desires.

Ahmad is requesting a loan from Al Majmoua for the second time in order to renew his tools and to pay for his electrical home appliances that he is buying for the house that he's preparing to get married in soon.

His previous loan had a positive impact on his business and social life and, at the same time, he was a borrower in good standing. Ahmad is devoted to his business. That's why he works hard to update it with every idea he finds. He hopes to expand his business more in the future.

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
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ahmad to buy new tools and new home appliances.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Jul 15, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012