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Majida is a 56 years old woman living in south Lebanon, in Saida. She has one child and owns a grocery shop. This is the 7th time Majida is asking for a loan from A. Majmoua. Majida is a very good client and has a solid history with A. Majmoua. Majida had recently suffered the loss of her husband and is therefore trying the best she can to continue providing for her family with the help of her son.

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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Majida to purchase merchandise for her grocery shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 15, 2007
Dec 1, 2007
Currency Exchange Loss:
Sep 17, 2008