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Ali
Ali is a 27-year-old single man from Bint Jbeil. He has been the owner of a computer network shop since 2010. Ali is requesting a loan from A. Majmoua for the first time, in order to upgrade and add extra computers to his shop, which he has started renovating.

Ali is a man with good reputation. He is loved by most of his friends and neighbors. Ali hopes to expand his business and succeed in order to open his own photography studio, which is his dream. He loves taking pictures of people and places. Ali's clients can be anyone seeking fun, knowledge or friendship, since they can come and search for what they want.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,606,275
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ali to upgrade computers.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012