Check out some available loans that are similar to this one!
Ali
Ali, age 18, has worked in manufacturing aluminum since 2005. Ali was very young when he started in this business, but it was necessary for him to work because of his parents' rough financiA. situation. Ali left school after the third Intermediate level. He tells us that he cannot say whether or not he misses school since he considers his family's needs to be his first priority.

Ali is requesting a loan from A. Majmoua for the first time. With it, he plans to expand his business by addng a glass work department. This is the first step in moving toward his planned future business, which will involve specializing in windows and kitchen closets as well as storefront displays. Ali is confident that this expansion will offer considerable value to his customers and will allow him to take another step toward his eventuA. future business.

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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $14,963,200
    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 expand his business by addng a glass work department.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2011
Listed
Jun 4, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012