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Ali
Ali is 47 years old and married with a son. He works as a van driver transporting schoolchildren and has been doing this for 3 years. He considers this work an important source of provision for himself and wants to develop it by improving the condition of his van. With this loan he wants to perform maintenance work on his vehicle and save some money. He loves his job and wants to secure a comfortable life for his family. His customers range from his neighbours and others from his locality. He is the only such service provider for many of them.
علي في عمر 47 سنة متزوج وله ولد يعمل سائق فان لنقل الطلاب له في عمله 3 سنوات يرى ان عمله هو مصدر مهم للرزق فهو يريد تطوير عمله من خلال تحسين وضع الفان خاصته يريد من خلال طلب قرض من المجموعة الى صيانة الفان وتوفير بعض المال يحب العمل يريد تأمين العيش الكريم لعائلته له زبائن منم جيرانه ومحيطه حيث انه مقصد للكثير من الزبائن

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
  • 76
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    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 perform maintenance on his van and save some money.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012