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Rania
Rania is a 24-year-old self-made woman living with her parents in Dekwaneh in Beirut. She strives every day to pay her university tuition fees through the embroideries she makes for wedding and evening dresses. She learned that skill from her mother and wanted to develop it into a sustainable business.

Rania has received 2 loans from Al Majmoua prior to this one. Now she needs USD 700 to buy fabrics and accessories to continue expanding her work. Once she graduates, her dream is to transform the small business she runs from home into a registered company. For sure, Al Majmoua will do its best to help her reach this goal.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Rania purchase fabrics and accessories for the embroidery work.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 7, 2007
Listed
Sep 22, 2007
Currency Exchange Loss:
N/A
Ended:
May 1, 2008