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Ali
Ali is a 22 year old single man from Baalback. He is a hardworker and he is talented. Ali is well known in his region and most of his clients say that his customer service is the best in the region. His prices also are affordable to everyone.

Ali owns a Japanese spare parts shop; he also sells car batteries. Ali is requesting a loan from A. Majmoua for the first time, in order to buy extra stock of batteries at a good price. Ali plans to reach wholesale trade status and hopes to expand his business to this limit.

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
  • 110
    View loans »
    Lebanon Loans Fundraising
  • $15,361,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ali to increase his stock of batteries.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2012