The bus is rented. That's why he has to put in a lot more effort to make sure that he is capable of covering almost all of his needs.
He is well known by his good manners and discipline in dealing with customers.
He is applying a loan from Kiva partner Al Majmoua in order to do necessary maintenance on the van to keep it in a good situation as much as he can to cover all of his family's needs.
He will also make necessary repairs to his home by pasting tiles to his floor.
Ali wants to buy his own van for in the future and increase his income instead of spending part of it on rent.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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