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Ali is a 42-year-old single man who has been raising cows for 35 years. Ali is a hard worker who developed his business a lot through his vast experience in this field. The milk his cows produce and he sells is highly requested in the region because of its good quality.

Ali is requesting a loan from Kiva partner Al Majmoua for the first time to buy the necessary food for his cows in big quantities with a special discount to save for the winter season. Ali's vast experience in this field gives him the privilege among all his competitors. He plans to increase his cattle more and more in the future and to expand his farm and production.

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
  • 54
    View loans »
    Lebanon Loans Fundraising
  • $19,292,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Ali to buy feef for his cows in big quantities.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 12, 2011
Sep 19, 2011
Currency Exchange Loss:
Nov 15, 2012