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Ahmad is a 53-year-old married man from Lebanon. He lives with his wife and four young children. He has 35 years of experience working in the mechanics field. In 1976, he opened a car repair shop. His work is specialized in repairing all American cars.

Today, he is requesting to borrow $1500 from Kiva partner Al Majmoua to purchase needed mechanical equipment. He is optimistic about his business development and hopes that the coming year will continue to bring him positive growth.

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
  • 95
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    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 purchase needed mechanical equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 15, 2011
Sep 15, 2011
Currency Exchange Loss:
Aug 16, 2012