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Ahmad is a 30-year-old married man, father of two children. He has been working as a butcher since 2004.

His business is going on just fine but his butcher shop needs maintenance to keep his customers pleased. That's why Ahmad applied for a Youth loan from Kiva partner Al Majmoua, in order to do necessary maintenance for his shop, and to start a new business for his wife from home. He will help his wife start her own home business that has to do with selling makeup, perfumes and accessories.

This new business will help in improving his family's social and financial situation, and will sure improve his children's educational level. He hopes to improve his family and business as much as he can.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 142
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Ahmad to do necessary maintenance for his shop, and to start a new business for his wife.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 13, 2012
Apr 20, 2012
Currency Exchange Loss:
May 17, 2013