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"I'm Ali. My work is to polish floor tiles and to paint. I work with my uncle Yusuf. We asked the brothers at Al Majmoua for a loan to buy a new electricity generator. This one [pictured] has pretty much expired. We've been in this business for almost 18 years, and we have 22 employees. God willing, we will receive this loan, and we will be thankful. God bless."

Ali is taking out a loan to purchase a generator for his business. Power outages have become the norm this year in Lebanon, and residents of Saida typically only see 6-8 hours of electricity per day. Generators are an essential investment for businesses and families to weather power outages in Lebanon.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Ali to purchase an electricity generator for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 23, 2012
Currency Exchange Loss:
Jan 17, 2014