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Ahmad
Ahmad is a 37-year-old married man and father of three children. He has more than twenty years of experience in the fields of carpentry, lighting and decorations. Currently, he works at two companies, providing them with furniture and interior décor. Ahmad also provides all types of carpentry work on a freelance basis, from doors to kitchens and bedrooms.

Ahmad is applying for a loan from Kiva's partner, Al Majmoua, to repair his car's motor for $700 and pay his children's school fees for $300. Ahmad will again be able to drive his car to work and save the money he has been spending on taxi expenses. His future business goal is to start his own carpentry workshop, guaranteeing an independent and stable source of income.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $15,091,775
    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 repair his car's motor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2012
Listed
Jun 25, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013