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Abla
Abla is a 45-year-old single woman living in Chtoura. Since 2001, she has owned a grocery store. Abla is a hard worker whose clients are mostly her friends and neighbors. She is requesting her first loan from A. Majmoua to add new products such as ice-cream and cold drinks to sell during the spring and summer season. This will increase her business capitA. as her business increases during the warm weather when many people come to her area to spend their vacations until their children go back to school. Abla is looking forward to expanding 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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,625,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abla to add products such as ice-cream and cold drinks to sell during the spring and summer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2011
Listed
May 2, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012