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Ali
Ali is a 28-year-old single man from Tyre. He has been the owner of a dental lab since Jan 2011, with six years of experience in this field. Because his financial situation didn't help him to start his own business early, he was employed in order to save the money needed to open his own lab. Ali makes ceramic teeth and more. He works hard to improve his business by attracting more customers through his competitive prices.

Ali is very optimistic that his business will develop quickly and soon, because he's the only dental lab in the region and he's liked by most of his clients, relatives and friends, in addition to most of the dentists in the region. Ali hopes he improves his business and buys new improved and upgraded technical machines in the future.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ali to buy a paindex machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012