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Nada
Nada is a 47-year-old woman who lives in Beirut, the capital of Lebanon, with her husband and their three children. Nada has owned a shoe shop since 1996, having embarked on the business as a way to supplement her family's income. Nada is special in her work because she offers nice, fashionable and comfortable shoes to her clients, who are her friends and neighbors. Her previous loans helped her to increase and diversify her merchandise, and she is now requesting a loan from Al Majmoua in order to purchase shoes for her shop. Nada has been a microcredit client for eight years now and has always paid on time.

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Nada to purchase shoes for her shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2009
Listed
Nov 22, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011