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Ali is a 28 year-old single man and owner of a big transportation truck since 2010. He transports rocks, sand and alot of construction tools and machines, in addition to any other requested products to be transported. Ali is a hardworking man. He seeks perfection in everything, especially in his business and with his customers.

Ali applied for a loan from KIVA partner, Al Majmoua, in order to do necessary maintenance for his truck, to keep it in a good shape all the time. Ali is looking forward to expanding his business more and more in the future. He hopes he will be capable of buying another truck.

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
  • 123
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ali to do necessary maintenance for his truck.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 25, 2011
Dec 22, 2011
Currency Exchange Loss:
Jan 15, 2013