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Ali
Ali is 38 years old and married with six children. He works selling computers, and he has five years of experience in this line of work. He would like to increase his store's revenues, as he stands out in his field due to his good and timely service, as well as the high quality of his establishment. He has a lot of experience in his field, as he is always looking for ways to develop his business and consistently follows new developments in the field of technology. With a loan from al-Majmoua, he would like to buy new computers, desks, and chairs in order to expand his business and thereby increase his customer base. He wants to provide the youth of his town with good and broad work experience. In addition, he would like to increase his income since he strives to secure a good life for his family as well as a quality education for his children. He is a loving and caring father, and he always tries to provide himself and his family with a comfortable life and opportunities to develop themselves. The only difficulties he has in his business are from the competition in his field.
علي عمره38 سنة متزوج وله 6 اولاد يعمل في محل لبيع الكومبيوتر له في عمله 5 سنوات يريد ان يزيد من مدخول محله وان يور المصلحة فهو يتميز بالعمل الجيد والجودة في العمل والخدمة السريعة للزبون وله خبرة كبيرة في هذه العمل فهو متطور ويلاحق دائما التكنولوجيا يريد من خلال طلب قرض من المجموعة الى شراء كومبيوترات جديدة وطاولات وكراسي لتوسيع العمل حتى يصبح يضم عدد اكبر من الزبائن يريد ان يؤمن لأبناء قريته العمل الجيد والشامل وحتى يزيد ايضا من مدخول عائلته واولاده وتأمين العيش الجيد لهم وتعليمهم بشكل افضل فهو اب عطوف وحنون ويسعى الى تأمين الراحة والتطور له ولعائلته لا يعاني صعوبات سوى بعض الصعوبات التنافسية

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
  • 92
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ali buy desks, chairs and computers in order to expand his computer store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2011
Listed
May 2, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012