Check out some available loans that are similar to this one!
Ali has been working as a florist since 1985. He is a 62-year-old man who lives in Tripoli, northern Lebanon. Ali does nice flower arrangements and bouquets. His clients are his friends and neighbors. He didn’t have a lot of flower choices when he first started his business. Ali has always liked flowers and he decided to become a florist.

Ali requested a loan from Al Majmoua in order to purchase new flowers. This is his second loan cycle and he has always repaid on time. His previous loan helped him improve his work and purchase more exotic flowers. In the future, he plans on further improving his work.

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
  • 174
    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 $1,000 helped Ali to purchase new flowers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 12, 2009
Oct 13, 2009
Currency Exchange Loss:
Nov 15, 2010