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Ali
Ali is 31 years old, and he works selling grains, animA. feeds, and cooking oil. He is married with five children, and he has three years of experience in his line of work. He is always trying to find new ways to develop his business. He would like to be better able to support his family so that he can ensure that they will have a comfortable and respectable life. With a loan from A.-Majmoua, he would like to buy new goods for his store, as well as a pick-up truck so that he can move his store's supplies himself. He would like to buy these things because he is looking for ways to both increase his income and to become more self-sufficient in his business. He stands out in his line of work due to his attention to detail and his work ethic. He has customers from his community as well as from neighboring villages, and it is because he has customers from such a large area that transportation is where he faces challenges in his business. A pick-up truck would help him overcome these difficulties. He loves his family, and they supported him during his last loan from A.-Majmoua. He used his last loan to develop his business by improving the quality of the goods in his store. He likes his business, and he would like to see it grow.
علي في عمر 31 سنة يعمل في بيع الحبوب والاعلاف والزيوت متزوج وله 5 اولاد له في عمله 3 سنوات يسعى الى تطوير عمله وتجديده يريد ان يدعم عائلته وان يؤمن لهم العيش الكريم والرغيد يريد من خلال طلب قرض من المجموعة الى شراء بضاعة جديدة وشراء بيك اب لنقل هذه البضاعة فهو يسعى الى زيادة مدخوله والاعتماد على نفسه في العمل يتميز بالعمل الدقيق والنشاط له زبائن من محيطه والقرى المجاورة له يواجه بعض الصعوبات بالتنقل بين المناطق لذلك يسعى الى شراء البيك اب حتى يتمكن من تسهيل عمله يحب عائلته وقد ساهمت في دعمه بالقرض السابق من المجموعة حيث ساهم في تطوير العمل وتحسيت جودة البضاعة لديه فهو نشيط ويحب العمل ويريده ان يتطور

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Ali to buy new goods such as grain, and cooking oil , and to buy a pick-up truck so that he can deliver his customers' purchases.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 12, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012