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Ahmad
Ahmad is a 48-year-old married man and the father of three children. He is a Palestinian refugee, living and working in Lebanon.


For the past 21 years Ahmad has been working in the coffee business. In 2005 he started his own business to improve his living and increase his income.


Ahmad is a hard worker and puts much effort into keeping his machines up to date to keep his customers happy. He is applying for a 1700 USD loan from Kiva's partner Al Majmoua in order to buy a new espresso machine. He will also use part of the loan to pay for his son's university fees. He hopes to keep on developing his business and providing for his family.

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
  • 72
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Ahmad to buy a new espresso machine.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014