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Adnan-Ahmad is a 47 year old single man from Saida, who has worked as a carpenter for 17 years. He started his own business in January 2010. Adnan-Ahmad is requesting a loan from Al Majmoua, in order to buy a car necessary for his work. Adnan-Ahmad is recommended by most of his clients, because his quality of work is more than perfect, and his honesty gives him power among his competitors. Adnan-Ahmad hopes to make a family in the future, for which he’s seeking to ensure a good living.

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
  • 43
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Adnan-Ahmad to buy a car necessary for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 25, 2010
Nov 25, 2010
Currency Exchange Loss:
Dec 30, 2011