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Ahmad
Ahmad is a 32-year-old married man and father of two children. He owns a pickle factory since 20 years ago. Ahmad is well known in the region because of his good quality of products he makes. He is a man with a good reputation. Ahmad is requesting a loan from Kiva partner Al Majmoua, in order to buy necessary pickles barrels that are needed to preserve more quantities to increase income.
Ahmad is a hard working man he works his best to provide his family with the best living and education ever. Most of Ahmad's customers are retail food shops. Ahmad works on producing new kinds of pickles from time to time such as eggplants,almonds and many other vegetables.
Ahmad hopes to expand his business more and 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

  • $15,800
    Average annual income
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    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 necessary pickles barrels.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013