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Ahmed is 50 years old. He is married with one child. For thirty years, Ahmed has been selling vegetables and fruit. He loves his job and seeks to increase his income and develop. Ahmed has his family’s support, and they encourage him to seek new business. He is known for his accuracy and perseverance. Through a loan from Al Majmoua, Ahmed would like to purchase a new car to help transport his vegetables and fruits.
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احمد في عمر 50 سنة متزوج وله 1 ولد يعمل في بيع الخضار والفاكهة له في عمله 30 سنة يحب عمله ويسعى جاهدا لكي يتطور
ويزيد من مدخوله ومدخول عائلته يلقى الدعم الكامل من افراد عائلته حيث انهم يشجعونه على زيادة عمل جديد يتميز
بالدقة في العمل والمثابرة على التطور يريد من خلال طلب قرض من المجموعة الى شراء سيارة جديدة لكي تساعده في العمل
لنقل الخضار والفاكهة

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
  • 33
    View loans »
    Lebanon Loans Fundraising
  • $19,505,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ahmed purchase a car to transport vegetables and fruit.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 17, 2011
Feb 4, 2011
Currency Exchange Loss:
Feb 15, 2012