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Ali has been selling fruits and vegetables for fifteen years. Ali doesn’t own a shop; he sells his fruits and vegetables from his van which means he is a mobile salesman. He is 33-years old and lives in Bint Jbeil, Southern Lebanon, with his wife and their two children.

Ali does his work well and knows how to treat his clients. His clients can be anybody. When he first started his business, he had difficulty finding a cheap van. Ali decided on this business because he wanted to work independently. In the future, he plans on improving his business. Ali has requested a loan of $1000 US from A. Majmoua in order to do some maintenance work on his van. This is the first time that Ali has requested a loan.

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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ali to do maintenance work on his business van.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 14, 2009
May 1, 2009
Currency Exchange Loss:
Apr 15, 2010