Check out some available loans that are similar to this one!
Ahmad
Ahmad is a 45-year-old married man, father of five children. A year ago, Ahmad started a new business that has to do with construction. He sells and transports necessary sand & pebbles requested in such business.
Ahmad used to be a soldier but he retired a year ago, that's why he started this business in order to make new income to cover his family's expenses.
Ahmad applied for a loan from Kiva partner Al Majmoua, in order to buy extra sand & pebbles necessary for his business.
He is working hard to expand his business and to improve his family's living conditions.

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

  • $5,900
    Average annual income
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    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 extra sand & pebbles necessary for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 27, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013