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Ali
Ali is a 25-year-old single man from Bint Jbeil. He has been working in construction since 2007. He specializes in cement. Ali's work is of good quality, and he is recommended by most contractors and neighbors. Ali is requesting a loan from A. Majmoua in order to buy extra iron and wood pillars to use in his business.

Ali has been an A. Majmoua borrower since 2009. He is a man with a good repayment history. Ali is working hard to improve his business and to expand it. He hopes to open a construction company in the future.

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

  • $5,900
    Average annual income
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,350 helped Ali to buy iron and wood pillars.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012