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Ahmad is a 21 year old engaged man who lives in Tyre, southern Lebanon. He has been working as a carpenter for eleven years. Ahmed does bedroom furniture, closets and he also does doors during construction. He has requested a loan of $1000 dollars from A. Majmoua in order to reimburse his debts. This is his second cycle and he has always paid on time.
Ahmad is speciA. in his work because of his good behavior with clients. His clients are his friends and neighbors. When he first started his business, he didn’t have enough cash to open a shop, so he had to work at home. Ahmad has a good reputation for honesty and hard work. His future plan is to finish building his house in order for him to live with his wife and start a family, but in the long term, he plans to expand his business.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $18,190,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ahmed ahmed needs the loan to reimburse his debts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 3, 2008
Dec 21, 2008
Currency Exchange Loss:
Jan 15, 2010