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Ali
Ali is a 41-year-old married man and father of three children. After working for eight years in auto detailing, he opened up his own business, providing car body painting, polishing, waxing, and metalworking. On his own for 12 years now, Ali has gained many customers who trust and respect him for his precision and his punctuality.

Ali is applying for a loan from Kiva Partner Al Majmoua, which he will use to purchase used car parts such as front covers and doors. Ali intends to restore the parts and make them as good as new, offering his customers a cheaper option than new parts.

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
  • 74
    View loans »
    Lebanon Loans Fundraising
  • $15,072,750
    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 used parts for his auto repair business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2012
Listed
May 29, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013