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Hoda
Hoda is a 44-year-old woman who lives in Nabatieh, southern Lebanon, with her husband and their four children. Hoda has owned a women’s clothing shop for ten years. Hoda has requested a loan of 2000 US dollars from Al Majmoua in order to purchase clothes for her shop for the winter collection. She has been a microcredit client for nine years now and has always paid on time.

Her previous loan helped her improve her shop by diversifying her sales. Hoda is special in her work because she has competitive prices. Her clients are her friends, neighbors and tourists. When Hoda first started her business, she had to face the competition. Hoda planned her business because she wanted to improve her financial situation. 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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hoda to purchase clothes for her shop for the winter collection.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 15, 2009
Listed
Sep 9, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010