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Ali
Ali is 46 years old and married with six children. He works by making and selling sweets and has 30 years of extensive experience in this. He loves his work very much and does it with excellence. He loves his family and wants to provide all that they want for them. He wants to develop himself and his family and increase his income. With this loan he wants to purchase ingredients to make more sweets and develop his business.
علي عمره 46 سن متزوج وله 6 اولاد يعمل في تصنيع وبيع الحلويات له في عمله 30 سنة يحب عمله كثيرا فهو يتقنه جيدا له خبرة واسعة في عمله يحب عائلته ويسعى الى تزويدهم بجميع احتياجاتهم يريد للعائلة ولنفسه التطور والتجدد يحب ان يزيد من مدخوله يريد من خلال طلب قرض له من المجموعة الى شراء مواد اولية لصناعة الحلويات وتطوير المصلحة

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ali to purchase ingredients for his confectionery business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012