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Ali is a 27-year-old married man from Bint Jbeil. He works in agriculture planting several fruits and vegetables. He also sells olive oil that he gets from his olive trees, in addition to selling firewood in the winter season.

Ali is requesting a loan for the first time from Kiva partner, Al Majmoua, in order to buy an electric saw for his business and renew his license to cut trees. Ali is a hard worker who seeks the best for his family by working more than one job. When he first set up in business, he had problems making contacts and expanding his business. Now he is well known, and most of his customers recommend him. He hopes to expand his business more and more 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

  • $15,800
    Average annual income
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ali to buy an electric saw and renew his license to cut trees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 8, 2011
Mar 3, 2011
Currency Exchange Loss:
Mar 15, 2012