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Lina is a 46-year-old woman who lives in Saida, southern Lebanon with her husband and their three children. Lina has owned a grocery store for eleven years. She requested a loan of 2500 US dollars from Al Majmoua in order to purchase merchandise and a new refrigerator for her store. Lina has been a microcredit client for six years now and has always paid on time.

Her previous loans helped her improve her store by diversifying her merchandise. Lina is special in her work because she knows how to treat her clients. Her clients are her friends, neighbors and family members. When she first started her work, she didn’t have the startup capital. Lina decided on doing her work because she wanted to supplement her family’s income. In the future, she plans on expanding her business.

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
  • 143
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Lina to purchase merchandise and a new refrigerator for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 6, 2009
May 1, 2009
Currency Exchange Loss:
May 15, 2010