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Ali has had a tractor for 13 years. He is a 31-year old man who lives in Nabatieh, Southern Lebanon, with his wife and their child. With his tractor, he transports cars, furniture, and lots more. Ali is willing to help clients from his region with his big tractor. He hasn't faced any difficulties since he first started his work. Ali decided on this business because he wanted to improve his family’s income.

Ali has been a microcredit client for eight years now and has always paid on time. He is requesting a loan of $1500 US from Al Majmoua in order to do some maintenance work on his tractor. His previous loan helped him improve his work. In the future, he plans on expanding 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
  • 151
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ali to do some maintenance work on a tractor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 14, 2009
Jul 1, 2009
Currency Exchange Loss:
Apr 15, 2010