Check out other loans that are currently fundraising!
Ahmad
Ahmad is a 25-year-old married man and the father of one child. For the past five years, he has been working in construction and he specializes in cement work. Ahmad is a hard worker. In the beginning, he had a few business problems because he didn't have a good number of customers, but he has gained the trust of almost all of his customers and they recommend him to others which is helpful to increase his business.

Ahmad is requesting a loan from the Kiva partner Al Majmoua to buy necessary iron pillars for his business. This is his fourth loan cycle and he is applying for a youth loan. His previous loans have helped him a lot. Ahmad hopes his loan will improve his business as well as his social and financial living. He hopes to expand and develop his work zone to provide his family with a good and healthy living.

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
  • 97
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    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 iron pillars.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014