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Mahida
Mahida is a 45-year-old woman who lives in the Bekaa region with her husband and their eight children. Mahida has been selling clothes from her house since 2002. Mahida has requested a loan of $1,500 from Al Majmoua in order to purchase merchandise for her business. This is her third loan cycle and she has always paid on time.


Mahida feels that she is special in her business because she knows how to treat her clients and because she sells nice clothes. Her clients are her friends and neighbors. Mahida decided on beginning her business because she wants to supplement her family’s income. In the future, she plans on expanding her business by purchasing a shop.

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
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mahida to purchase merchandise for her clothes business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010