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Wahibah
Wahibah is a 50 year old woman who lives in Tripoli, northern Lebanon with her husband and their four children. Wahibah has owned a sewing factory for eighteen years. She requested a loan of US $2000 from Al Majmoua in order to purchase tools for her work. This is the first time that Wahibah has requested a loan.


Wahibah is special in her work because she does it well. Her clients are traders. When she first started her business, she didn’t have start up capital. She decided on doing her business because of her experience and wanting to improve her financial situation. In the future, she plans on expanding her factory.

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

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Wahibah to purchase tools for sewing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2009
Listed
May 1, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2010