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Ali is a 35-year-old married father of one child who has been working in mixing and selling special perfume scents and women's accessories since six years ago. He is a hard worker, and he is well-known in his region for the special quality of perfumes he produces and the affordable prices he sets.

Ali is acquiring a loan from Kiva's partner Al Majmoua to increase his business merchandise with special newly released perfume scents and accessories to increase his retail sales and develop his socioeconomic situation.

He will work hard to expand his business and move to a larger place soon.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $19,502,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Ali to increase his business merchandise with special newly released perfumes and accessories.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 30, 2014
Mar 2, 2014
Currency Exchange Loss:
Apr 1, 2014