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Nahida
Nahida is a 31-year-old woman who lives in the Bekaa with her husband and their two children. She has owned a shop since 2007. She sells toys for children, dishes, home cleaning products, groceries and many other things. When she first started her business, she wasn’t able to offer a large quantity of merchandise, therefore she decided to have various kinds of merchandise and offer all she could to her clients. Her clients are her friends, neighbors and tourists.

She decided to open her shop because she always wanted to have work of her own and to be self-reliant. She requested a loan from Al Majmoua in order to purchase new merchandise for her store. This is the first time she has requested a loan. She plans to keep on improving her store to attract more clients and to expand it by making it a grocery store.

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nahida to purchase new merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011