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Ali
Ali is a 28-year-old married man, the father of three children who are his life, as he describes them. He seeks perfection to provide them with the best living.

Ali has worked as a mechanic since 1999. He is a man with good reputation and a hard worker who struggles to improve and expand his business to attract more customers.

His garage is located on the main road, where he's visible to everyone and especially to passers by.

Ali is requesting a loan from Kiva partner Al Majmoua in order to buy new tools and lubricants necessary to improve his business.

Through these tools, Ali will be capable of accomplishing his work in a shorter period of time with more technical improvements.

Ali is working hard to provide his family with the best, healthful living and the best education he can provide, since he didn't get the chance to finish his own education.

Ali hopes to expand his garage to attract more customers and expand his car-maintenance range as well.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    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 new tools and lubricants necessary for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2011
Listed
Aug 8, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012