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Ali is a 50-year-old married man and the father of five children. He has worked as a blacksmith for the past thirty years; it is his only source of income. Ali is a hard worker who puts a lot effort into developing his business and improving his family's living conditions. He started his business long time ago with his father. He quit school during the elementary stage to help his father in his business because he wasn't able to pay his educational expenses. Ali is acquiring a loan from Kiva partner Al Majmoua to buy the necessary iron pillars for a new project he is working on. Ali hopes to keep getting projects so he can provide his children with the necessary education that he couldn't acquire for himself.

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
  • 126
    View loans »
    Lebanon Loans Fundraising
  • $16,611,100
    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 buy iron pillars for a new project.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 31, 2013
Nov 30, 2013
Currency Exchange Loss:
Dec 17, 2014