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Elizabeth is a 41-year-old woman who lives in Beirut, the capital of Lebanon, with her husband and their two children. Elizabeth owns a women's clothing shop. She also sells women's accessories and shoes. Elizabeth is exceptional in her work because she offers a wide range of products. Her clients are her friends and neighbors.

She requested a loan from Al Majmoua in order to purchase clothes and shoes for her shop. Elizabeth has been a micro-credit client for six years now and has always paid on time. When she first started her business, she had no problems. Elizabeth decided on opening her business because of her experience. In the future, she plans to expand 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

  • $15,800
    Average annual income
  • 186
    View loans »
    Lebanon Loans Fundraising
  • $17,467,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Elizabeth to purchase clothes and shoes for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 12, 2009
Nov 22, 2009
Currency Exchange Loss:
Dec 15, 2010