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Ali, a 49 year old father of four, works and lives with his family in Nabatieh located in south Lebanon. Ali owns a grocery store and he needs $1000 to purchase new merchandise for his business. He is striving to improve the lifestyle of his family by expanding his grocery business. This is the second time Ali is asking for a loan from Al Majmoua.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,625,800
    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 purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 27, 2008
Feb 11, 2008
Currency Exchange Loss:
Mar 15, 2009