Funded

Total loan: $700
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Ali

Lebanon
Ain, Lebanon / Vehicle Repairs

A loan of $700 helped to buy necessary products for his business.


Ali's story

Ali is a 45-year-old married man and father of three children. For the past 20 years, he has worked repairing cars' bodies. He is highly experienced in his business, which attracts a lot of customers and improves his earnings. Ali applied for a loan from Kiva partner Al Majmoua in order to buy necessary products for his business, such as paints, iron clay and new released machines. He will also use a portion of the loan to cover some of his children's needs before they go back to school (clothes, shoes, etc.). This is Ali's second cycle as an Al Majmoua borrower. He is in good standing and has a good record of paying back loans. His previous loan was invested in improving his business and it brought remarkable results. He hopes to keep on improving his business as much as he can, in order to improve his family's living.



Loan details

Loan length:

14 months
Disbursed date: August 10, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 10, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development