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Ahmad Bilal
Ahmad Bilal is a 57-year-old married man and the father of one child. He has been selling shoes for 40 years. In 2005, he started his own business to better improve his living and his family’s social and financial situation.

Ahmad Bilal is well known in his region because of his long experience in his domain. Ahmad Bilal is applying for his fifth cycle loan from Kiva partner Al Majmoua, because he is planning to increase his business capital with new spring/summer collection to better serve his customers. He hopes to be capable of expanding his business more and more.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ahmad Bilal to increase his business capital with new spring/summer collection to better serve his customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014