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Ahmad is a 28-year-old single man, who has been working as a curtain tailor for the last twelve years. Ahmad was sixteen years old when he first started to learn about this job. In 2011, he opened his own business that has developed and improved his standard of living.

Ahmad is applying for a YOUTH loan from Kiva's partner Al Majmoua in order to buy necessary special curtain accessories and textiles. This will be sure to increase his income and capital at the same time as he will be capable of responding to customer's requests freely.

He is hoping that when his business increases, he will be capable of moving to a larger place in the future.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 41
    View loans »
    Lebanon Loans Fundraising
  • $19,502,325
    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 buy necessary special curtain accessories and textiles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 15, 2013
Currency Exchange Loss:
Feb 17, 2014