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Ali
Ali is 33 years old and married with four children. He sells of livestock (cattle and sheep) and meat. He has three years experience in this. He loves his work and is able to develop it due to his effort, but he faces some financial difficulties which hinder his progress. His customers range from local residents and neighbours, as well as some businessmen. With this loan he wants to purchase new cattle and sheep in order to trade them so that he is able to improve his and his family's financial situation. This is important to him as he is the father of four children and wants to give them a comfortable life and the best possible education. He is a caring and compassionate father and would like the society he lives in to be a good physical and social environment for his children.
علي رجل متزوج واب لأربع اولاد عمره 33 سنة يعمل في بيع المواشي والاغنام واللحوم له في عمله منذ 3 سنوات يحب عمله ويستطيع ان يطوره بفضل مجهوده وحبه للعمل يلقى بعض الصعوبات المادية التي تعيق هذا التقدم له زبائن من محيطه وجيرانه وبعض التجار يريد من خلال طلب قرض من المجموعة الى شراء بضاعة جديدة من المواشي الاغنام للتجارة بها حتى يتمكن من تطوير العمل وتحسين الوضع المادي له ولعائلته وخاصة انه اب لأربع اولاد حيث يقوم بتربيتهم وتعليمهم وهذا من طموحاته ان يؤمن لهم التعليم الجيد والعيش الكريم هو اب حنون عطوف ويحب ان يكون المجتمع الذي يعيش فيه هو بيئة جيدة ماديا واجتماعيا لأولاده

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
  • 43
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ali to buy new herds of cattle and sheep for trade.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
May 10, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012