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Ahmad
Ahmad is a 27-year-old single man who has been selling clothes for ten years. He is well known in his region because of his competitive prices and the good quality of the products he is providing.

Ahmad is applying for a youth loan from Kiva's partner Al Majmoua in order to increase his business clothes with a special released spring and summer collection. He is working hard to expand his business and increase his income to make a small beautiful family of his own. He wants to provide them with the best education, which he is sorry that he didn't have the chance to experience. Ahmad is working hard to move his shop to a wider shop to attract more customers.

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
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ahmad to increase his business clothes with a special released spring and summer collection.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014