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Ahmad
Ahmad is a 43-year-old married man and father of two children. He opened a grocery store in 2006 and is working hard to improve it. Ahmad has 10 years of experience in this field. He is very talented in developing such a business.
Ahmad has applied for a loan for the first time from Kiva partner A. Majmoua, in order to increase his store's merchandise of goods necessary for the autumn-winter season.
Ahmad opened his store in 2006 and it has improved a lot since he started. He hopes the requested loan will have a great effect on his business development and family’s sociA. conditions improvement.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    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 increase his store's merchandise of autumn-winter season goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Oct 12, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012