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Ali is 59 years old and married with a son. He works as a van driver and has 10 years experience. His family is his sole priority and he desires to improve their financial and social position. He is always seeking to develop his business and increase his income. With this loan he wants to purchase a new van for work purposes and wants to help his son open his own business so that he can be self-dependent. He is good at his work and many tourists use his services to visit sites of interest during the tourist season.
علي عمره 59 سنة متزوج وله ولد يعمل كسائق فان له في عمله 10 سنوات له رغبة في تحسين الوضع المادي والاجتماعي له ولعائلته يريد دائما التطور في العمل وان يزيد من مدخوله يريد من خلال طلب قرض من المجموعة الى شراء فان جديد للعمل عليه ويريد ان يدعم ابنه في فتح مصلحة جديدة حتى يعتمد على نفسه عائلته هي كل اهتمامه وعمله جيد حيث انه مقصد للسواح في المواسم السياحية لتعريفهم على بعض المناطق

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
  • 150
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    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 purchase a new van for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 26, 2011
Apr 1, 2011
Currency Exchange Loss:
Apr 21, 2012