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Ali
Ali is 30 years old and married with two children. He has been working for the past twenty years selling fabrics and clothing, a job which he is very much enamored with and which he is always trying to further develop by procuring new materials. He is very driven and loves being creative with drapery designs. With the summer season upon him, Ali is looking to renew his inventory. Given how his last loan from Al Majmoua helped improve his situation and that of his family, Ali now wanted to seek another loan to acquire more drape fabrics.
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علي عمره 30 سنة متزوج وهو اب لولدان يعمل في بيع الاقمشة والالبسة له في عمله 20 سنة يحب عمله وهو يطوره دائما من خلال البضائع التي يقوم بشراءها يريد من خلال طلب قرض من المجموعة الى شراء اقمشة برادي له تاريخ جيد مع المجموعة خيث ساهم القرض السابق في تحسين الوضع المادي له ولعائلته وفي دعم العمل وكان يلقى الدعم الكامل من العائلة يريد ان يزيد من مدخوله خاصة انه في صدد تجديد البضاعة بمناسبة الموسم الصيفي حيث يتطلب منه عدد اكبر من البضائع وفي نفس الوقت هو طموح يحب التجدد في العمل الابتكار في تصميم البرادي

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
  • 101
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • 1,509.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Ali to purchase fabrics for drapery business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012