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Ali
Ali is 39 years old and married with seven children. He works as a farmer and raises livestock, as well as sells milk and meat. He has 20 years of experience in his work. He likes his work, and he stands out in his field of work through his attention to detail and cleanliness. He owns a good number of livestock, though he is facing difficulties in procuring feed for them, just as he is facing difficulties in keeping up his farm. With a loan from al-Majmoua, he would like to buy feed for his livestock as well as a machine for the feed. Competition does not pose a problem for him, but he wishes to develop his business. His ambitions are to buy more livestock and to secure a good place for them.
علي عمره 39 سنة متزوج وله 7 اولاد يعمل كمزارع ومربي للمواشي وبيع الحليب واللحم له في عمله 20 سنة يحب عمله ويتميز به بالدقة والنظافة يمتلك عدد جيد من المواشي لكنه يواجه صعوبة بتأمين العلف لهم وصيانة المزرعة يريد من خلال طلب قرض من المجموعة الى شراء اعلاف للمواشي + اكنة للعلف لا يواجه صعوبات في المنافسة لكنه يريد ان يطور عمله ويطمح بشراء عدد اكبر من المواشي وتأمين المكان الجيد لهم

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
  • 81
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    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 purchase feed for his livestock and machinery for his farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Apr 5, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012