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Nadia
Nadia is a 74-year-old woman who lives with her husband and their child in Saida, southern Lebanon. Nadia owns a grocery store. She requested a loan of 1500 US dollars from A. Majmoua in order to purchase merchandise and an ice cream refrigerator for her store. Nadia has been a microcredit client for nine years now and has always paid on time.

Nadia is speciA. in her work because she knows how to treat her clients and is welcoming. Her clients are family members, friends and neighbors. When she first started her business, she didn’t face difficulties. She decided on her business because she is an active woman who can’t stay home and always needs to be doing something. Also, 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

  • $5,900
    Average annual income
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Nadia to purchase merchandise and an ice cream refrigerator for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010