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Ahmad
Ahmad is a 40-year-old single man, who has spent his life planting and taking care of his flowers, tomatoes, grapes and olives. Ahmad loves his business. He's attached to his land and that's why he tries his best to keep on improving his business in order to produce good quality products to sell in the market. Ahmad is planning to build a greenhouse in order to keep his plants safe from any bad weather that might come. For this reason, he applied for his first loan from Kiva partner Al Majmoua. Ahmad believes that he must treat his plants with care and love to produce the best quality products in the future. He hopes to increase production by producing different products and attracting new customers.

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
  • 40
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    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 build a greenhouse.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Jan 10, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013