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Ahmad
Ahmad is a 23 year old single man. He has been working as a barber for 8 years. He is well known in the region and liked by most of his customers.

Unlike most of his friends, who spent their childhood playing and enjoying every moment of it, Ahmad was only almost 15 years old when he started working. He is a hard worker. He develops his work every time he finds the suitable time to do so.

Ahmad is requesting a loan from Al Majmoua, in order to buy cosmetics requested by most of his customers. In addition, He will be paying off what's left from his new car purchase.

Ahmad hopes to expand his business more and more and to live up to his customers expectations.

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ahmad to buy cosmetics for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012