Check out some available loans that are similar to this one!
Lina
Lina is a forty-seven-year-old woman who lives in Saida, which is in southern Lebanon, with her husband and their three children. Lina has owned a grocery store since 2002. She carries all types of canned food, pasta, home cleaning products, beverages, and more. She requested a loan from Al Majmoua in order to purchase merchandise for her store. Lina has been a microcredit client for seven years, and she has always paid on time.
Lina is special in her business because she knows how to treat her clients; she also has a good reputation. Her clients are her friends and neighbors. When she first started her business, she didn’t have a lot of merchandise. She decided to begin her business to supplement her husband’s income and because she always wanted to open a shop for herself. In the future, she plans to expand her work.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Lina to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2010
Listed
Apr 8, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011