Check out some available loans that are similar to this one!
Chahina is a single woman living in the Bekaa and owns a grocery shop. The store is her only source of income. Chahina is an entrepreneur who takes business initiatives to ensure her business's survival. Chahina is planning to develop her grocery store and therefore needs to purchase merchandise to expand her line of products. This is the first time Chahina has requested a loan from Al Majmoua. She heard about the Institution through word of mouth.

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
  • 143
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Chahina buy merchandise for her grocery shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 16, 2007
Nov 1, 2007
Currency Exchange Loss:
Mar 15, 2009