Total loan: $2,000
Dahieh, , Lebanon / Retail
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A loan helped To increase his business merchandise with mobile phone accessories and prepaid cards.
Ali is a 25-year-old single man who has been working in the mobile phone business for 12 years. In 2011, he opened his own mobile phone selling shop, which he is working hard to develop, especially through a previously acquired loan from Kiva's field partner Al Majmoua, which he invested in increasing his business merchandise with newly released mobile phones, accessories and prepaid cards. Today, Ali is acquiring a youth loan from Kiva's field partner Al Majmoua, and it will be his sixth loan cycle for the same reason. It has proved to be very impressive in developing his business and covering his family's needs, since he is the sole earner of his family, responsible for the living of two other members. Ali will work hard to keep on expanding his business and will put much effort on attracting more customers' attention through offers and new technologies, as he is currently doing.