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Ali
Ali is a 38-year-old married man and the father of four children. Ali is a hardworking man. Fifteen years ago he opened a grocery store in his village to make his living. His family's needs became bigger, and the need for additional income was urgent; that's why he started working as a bus driver, making sure to take almost all the village students from and to the school. Ali is also a builder — three businesses to cover his family's needs, and still they need more.

Ali is planning to expand and improve his grocery store to keep it suitable for his customers and help increase its income. That's why he applied for a loan from Kiva partner Al Majmoua, in order to buy necessary merchandise for his shop, in addition to making small decorations to make a small change to his shop.

Ali is a man with a very good reputation, loved by most of his customers.

He is willing to expand all his businesses to provide his family with the best living conditions.

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
  • 28
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Ali to buy necessary merchandise for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 26, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012