Check out some available loans that are similar to this one!
Ahmad is a 38 year old man who lives in Saida, southern Lebanon, with his wife and their five children. Ahmad has been a barber for 20 years. He is known for his good service. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase new seats for his salon.
When he first started his business, he faced some difficulties because of the high number of barber shops around, but with time, he learnt how to make his shop attractive. He excels in his work and has very competitive prices. His future plan is to open a feminine hairdresser shop.

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

  • $15,800
    Average annual income
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,262,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ahmad ahmad needs the loan to purchase new seats for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 17, 2008
Nov 21, 2008
Currency Exchange Loss:
Jan 12, 2010