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Ahmad
Ahmad is 32 years old and the father of two children. He has been working as a plumber since he was 19 years old. Ahmad is a multi-tasking person who works hard to manage several businesses at a time to make sure that he is capable of covering his family's needs.

In addition to his work as a plumber, Ahmad started a new business in March 2013 that has to do with entertaining people, to increase his family's income. He opened a entertainment shop where he provides people with services such as Play Station, billiards, and Babyfoot.

Ahmad is acquiring a loan from Kiva partner Al Majmoua to start a lingerie-selling business. He plans to ask his wife to run it at home, in a way that she'll fill free time with something productive and at the same time take care of her 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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,614,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ahmad to start a new business selling lingerie.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014