Funded

Total loan: $1,000
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Ali

Lebanon
Chtoura, Lebanon / Construction

A loan of $1,000 helped to invest in buying wood and iron pillars, which he will use in his construction contracting business.


Ali's story

Ali is a 28-year-old, married man, who has been working in construction for six years. He has been expanding his business since then. In 2011 he began sharing a shop, where he stores his tools and materials. Ali works on a freelance basis, contracting various building jobs while employing two construction workers to assist him.

Due to his good borrowing experience with Kiva’s partner, Al Majmoua, Ali is applying for another Youth Loan, which he will invest in buying wood and iron pillars. Ali has a wide experience in his field, and he is determined to expand his business into an independent, fully-fledged construction contracting workshop.



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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