Check out some available loans that are similar to this one!
Ali
Ali is a 34-year-old married man and the father of three children. In 2008 Ali opened his own patisserie where he bakes & sells his delicious sweets. He has thirteen years of experience in this field, which helped him a lot in starting his own business and gaining customers' trust & support. His sweets are very tasty, and highly recommended by his customers.

Ali is applying for a loan from Kiva partner, Al Majmoua, in order to buy necessary raw materials to increase his production. This is his first time as an Al Majmoua borrower, and he hopes that the future experiences will bring him future success and happiness to his family.

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
  • 83
    View loans »
    Lebanon Loans Fundraising
  • $16,072,900
    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 necessary raw materials to increase his production.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013