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Ali is unmarried and lives in an area in the Ba'albek region named Al-'Ain. He works selling cows, sheep and meat. He has 14 years of experience in his field, and he likes his work. He wants to fully develop his business, seeing as he is diligent and dedicated to his work. He runs his business very well. With a loan from al-Majmoua, he would like to buy cows, sheep, and a milking machine. His lack of capital is what is hindering him from developing his business. He has much experience in his work, and he stands out in his field as he has no competitors. His dream is to expand his business and offer the residents of his town quality products seeing as he is committed to his work.
علي رجل اعزب يعيش في منطقة من بعلبك اسمها العين يعمل في بيع الابقار والاغنام واللحوم له في عمله 14 سنة يحب العمل ويريد له التطور الكامل فهو مجد مكد يري العمل بشكل متطور يريد من خلال طلب قرض من المجموعة الى شراء ابقار واغنام وماكنة للحليب ما يعيق العمل ان يتطور هو عدم وجود رأس المال له خبرة في عمله حتى يطوره يتمتيز بعدم وجود منافس له في هذه المجال يحلم بأن يوسع عمله وان يؤمن نوعية جيدة لأبناء بلدته لأنه شخص ملتزم بالعمل

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ali buy cows, sheep and a milking machine for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 6, 2011
May 9, 2011
Currency Exchange Loss:
May 15, 2012