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May is a 43-year-old married woman, mother of four children and owner of a gift shop since 2000. She is requesting a loan from Al Majmoua to buy special occasion gifts to sell during this Holy season. May is very experienced in this business and her clients can be anyone, because she works in a very popular area where people visit for shopping. She provides gifts for several different occasions and this is what helps her business to increase. She didn’t find problems at the beginning because she has good communication skills and customer service. She helps her husband and children in their living and hopes to provide them a good and secure living.

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
  • 144
    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 $2,000 helped May to buy special occasion gifts.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 27, 2010
Jan 1, 2011
Currency Exchange Loss:
Jun 15, 2012