Check out some available loans that are similar to this one!
Ahmad is a 55-year-old man who lives in Saida, in southern Lebanon with his wife and their six children. Ahmad has been selling fruits and vegetables since 1996. Ahmad is a mobile seller. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase a small van for his work. The van will facilitate his work and his moves. This is the first time that Ahmad has requested a loan.

Ahmad is special in his work because he goes into regions where no mobile salesman goes. His clients are his friends, neighbors, and others. When Ahmad first started his business, he didn’t have enough cash. He decided on doing this business because he needed to improve his family’s income. In the future, he plans on expanding his business and maybe opening a 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
  • 150
    View loans »
    Lebanon Loans Fundraising
  • $17,516,050
    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 purchase a small van for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 16, 2009
Mar 16, 2009
Currency Exchange Loss:
Apr 15, 2010