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Ali
Ali is a 33-year-old married man and father of four gorgeous children. He works hard to provide them with the best living ever.

Ali is a hardworking man. He has worked in construction since he was 11 years old. He was too young when first started working. He was forced to start working early because of his parent's miserable financial situation and he had to help as much as he could to make their living.

Ali puts so much effort in improving his work and it's all to avoid his children living his miserable childhood, which he prefers not to remember anymore.
Now he is living both his childhood and his parenthood at the same time with his children. He's both the friend & the father.

To improve his business, Ali is increasing the number of iron pillars necessary for his business, since he's specialized in painting houses, and these pillars are necessary for the outside part of the buildings and houses. They can help him take bigger projects than he's taking now. To increase the number of irons pillars, Ali applied for a loan from Kiva partner Al Majmoua. He hopes this loan will improve his business more and more to keep on providing his family the best living ever.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    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 buy iron plllars for his painting business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 27, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012