Check out some available loans that are similar to this one!
Ahmad
Ahmad is a 26-year-old married man, father of one child.

He has been working in construction business since 2003. Ahmad was 17 years old when he started working to help his parents in making their living. He works in construction, specialized in polishing tiles. He doesn't have a lot of working fields to choose from because he is a Palestinian refugee and doesn't have a lot of chances to acquire.

Ahmad is applying for a youth loan from Kiva's partner Al Majmoua, in order to buy a car necessary for facilitating his business needs. The car will help him move his tools from one project to another.

He hopes to expand his business, increase his income, expand his family and provide them with the best education and living.

He also hopes to buy a house of his own outside the camp.

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

  • $5,900
    Average annual income
  • 109
    View loans »
    Lebanon Loans Fundraising
  • $15,361,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ahmad to buy a car necessary for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014