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Ali
Ali is a 27-year-old man who lives in Saida, southern Lebanon, with his wife and their three children. Ali has been working in agriculture for seven years. He sells flowers and flower jars. Ali requests a loan of $1200 USD from Al Majmoua in order to purchase materials for agriculture and jars. This is the first time that Ali has requested a loan.
Ali is special in his work because he has different types of flowers, has good prices and has a good relationship with his clients. His clients are his friends and neighbors. When he first started he had the land to start his business, but he didn’t have a lot of knowledge of pricing and trading. Ali decided to work in this business because it has been a family business and he has always liked the good smell of flowers. In the future, he plans to attract more clients and expand his business.

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $15,592,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ali ali will use the loan to purchase materials for agriculture and jars.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2009
Listed
Jan 21, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010