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Ali
Ali, 53, is married with two sons. He owns a restaurant where he serves fuul (fava beans) and appetizers. He has been working in this job for more than 20 years. Ali wishes to improve his family and work conditions. Ali wants a loan from Al Majmoua to develop his business by expanding his restaurant and buying new goods. Ali always enjoys his family's support. He shows precision and cleanliness in his work. His clients range from tourists to neighbours. However, he needs capital to expand his business as there is not enough room in his restaurant for more clients. He displays excellence and creativity in his work.
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علي عمره 53 سنة يعمل في مطعم خاص به لبيع الفول والمتبلات متزوج وله ولدان يعمل في هذه المصلحة من اكثر من 20 سنة
يحب عائلته وعمله كثيرا يريد تطوير الاثنين معا فهو يريد من خلال طلب قرض من المجموعة الى تقوية مصلحته من خلال توسيع المحل وشراء بضاعة جديدة
علي يتلقى دائما الدعم من عائلته يتميز بالنظافة في عمله والدقة له زبائن من السواح والجيران لكن ما يعيق توسيع عمله هي المادة فقد اصبح محله لا يسع للمزيد
من الزبائن يحب التمييز بعمله والتجديد

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ali to expand his restaurant and buy new goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Nov 30, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012