Check out other loans that are currently fundraising!
Ahmad
Ahmad is a 33-year-old married man, and father of three children. Ahmad has been working in producing and selling food for 17 years. He is an expert in his work, specializing in preparing and selling pickles. He also makes a special small white dough ball used as a main course, called Moghrabieh in Lebanon, similar to couscous but a larger product.
Ahmad is applying for his fifth loan from Kiva partner Al Majmoua in order to increase the quantity of food he produces and sells so that he can increase income and buy necessary plastic bags. He will also pay for his children's school fees.
His previous loans helped him a lot in improving his family's social and financial situations in a very impressive way.
He hopes to open a new branch in the future to expand his working region.

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
  • 52
    View loans »
    Lebanon Loans Fundraising
  • $14,734,200
    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 additional products to increase the quantity of pickles he produces and sells, and to pay for his children's school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013