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Rana
Rana is thirty-two years old and lives in Tyre, in southern Lebanon. Rana owns a costume jewelry and accessory shop. She sells costume jewelry, belts, make up, beauty products, hats and a lot more. She requested a loan from the Kiva field partner, Al Majmoua, in order to purchase merchandise for her shop. This is the first time that Rana has requested a loan.
Rana is recognized for her work because she offers a big variety of items and knows how to treat her clients, who are people from her region. Since she first started her business, she has been successful. Rana decided to open her business because she wanted to have independent work. In the future, she plans to increase 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

  • $5,900
    Average annual income
  • 75
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rana to purchase merchandise for her shop.
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