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Ali
Ali is a 52-year-old husband and father of three who loves his family very much and in turn is loved by them. He persistently seeks to provide them with enough victuals and a better and more dignified life. For many years, he has been working very hard as an automotive electrical engineer, with his patronage coming from neighbors, friends, and loved ones. Ali is applying for a loan from Al Majmoua for home improvements to make his domicile more secure for his children.
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علي في عمر 52 سنة متزوج وله 3 اولاد يعمل في مجال كهرباء السيارات هو نشيط ومجد يحب عائلته ويتمنى لها افضل
حياة فهو محب للعيش الكريم فهو يهدف من خلال طلب قرض من المجموعة الى تحسين وضع منزله وتجديده ليصبح امن اكثر لأولاده
يلقى دائما دعم من عائلته له خبرة كبيرة في عمله زبائنه جيرانه ومحبيه واصدقائه فهو مثابر على اجاد لقمة العيش والعيش الكريم له ولعائلته

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Ali home improvements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2010
Listed
Nov 15, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011