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Ahmad
Ahmad, 51 years old, lives with his wife and 2 children in Tripoli, Northern Lebanon. Ahmad owns a shop where he sells spare parts and accessories for cars. He is a very hardworking person and very determined to make a difference in his family life.

Ahmad has been working in this business for a long time. He needs a loan of US$1,200 to purchase more goods for his shop. He promises to repay his loan on a monthly basis. This is the first time Ahmad has requested a loan from A. Majmoua.

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
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ahmad to increase shop inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 29, 2008
Listed
Aug 1, 2008
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2009