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Mouna
Mouna is a 46-year-old borrower from Lebanon. She lives with her husband and their six children; the oldest is 25 years old and the youngest is 10 years old.

For nine years now, Mouna has owned a book and stationery shop. She sells all types of school stationery like pens, pencils, papers; she also has a printer, newspapers, books and much more. She notes that when she first started, she faced some challenges in securing sufficient financing for her business. She decided on doing her business because she wanted to improve her family's financial situation, and she thought that it was needed in her region.

Today, Mouna has requested a loan of 1500 USD from Kiva partner, Al Majmoua. She plans to purchase merchandise for her shop to prepare herself for the school year, and she also wants to make some décor changes in her house. She hopes to further expand and enhance her business in the future.

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
  • 23
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mouna to purchase merchandise for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011