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Ali is a 30-year-old, married man, father of two children. He has been working as a butcher for 17 years. He was only 13 years old when he started working to help his parents in making their living and covering their expenses. In 2009, Ali opened his own butchery and he is very proud of himself because of this step forward towards improving his family's living.

Ali is applying for a YOUTH loan from Kiva's partner, Al Majmoua Lebanese Association for Development, in order to increase his business capital and to buy necessary house needs. He will paint his house after the slight damages done from the winter season.

Ali is well-known in his region, with his clean butchery and the good quality of products he sells. He is working hard to update his business and keep up with his customers' needs and requests.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 186
    View loans »
    Lebanon Loans Fundraising
  • $17,467,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ali to increase his business capital and to buy necessary house needs.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Mar 23, 2013
Apr 23, 2013
Currency Exchange Loss:
Nov 17, 2014