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Nouhad
Nouhad is a 46 year old divorced woman, mother of one girl, and owner of a bags shop since 2008. She has 22 years of experience in this field. Nouhad used to work as a teacher, but she felt that she had to prove herself in her own business where she can invest her talent and effort in an efficient way. Nouhad struggled a lot to keep her daughter satisfied and happy, to avoid the feeling of kids who suffer from divorced parents' struggles. Nouhad had her mother and daughter's support to start this business, and she also took the strength from her friends.

Her business is improving, and it's all through the previous loan she got from Al Majmoua, which helped in improving her social life too. This time Nouhad is requesting a loan in order to introduce new products to her customers such as cosmetics and accessories. She wants her customers to need such products the moment they step into her shop. She's respected by all of her customers, neighbors and friends. Nouhad hopes to expand through adding new products 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
  • 111
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nouhad to add new products to her business such as cosmetics and accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 8, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012