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Mila
Mila is 45 years old and unmarried. She works in a clothes and shoes store and has 26 years experience in this. She loves her business and is continuously developing it. She has good credit history with al-Majmoua and the last loan helped support her so that she was able to transfer her shop to fixed premises. She now owns her own store and is able to depend on herself to progress in social and business life, both for herself and her family. She aspires to strengthen her family ties by paying towards her parents living costs. With this loan she wants to import new clothes and shoes from abroad in order to be up to date and fulfil her customers' demands, as she suffers from strong competition in her local area.
ميلا عمرها 45 سنة هي امراة عزباء تعمل في بيع الالبسة والاحذية لها في عملها 26 سنة تحب العمل وكانت تطوره بشكل مستمر لها تاريخ جيد مع المجموعة وقد ساهم القرض السابق في دعم العمل حيث استطاعت ان تطوره من متجول الى محل ثابت لها تحلم بأن تصبح مالكت محل خاص بها حيث انها تعتمد على نفسها في تطوير الحياة الاجتماعية والعملية لها ولعائلتها فهي تسعى الى شد الروابط الاسرية من خلال التكفل بمصاريف والديها تريد من خلال طلب قرض من المجموعة الى شراء بضاعة البسة واحذية مستوردة من الخارج حتى تكون متجددة وترضي جميع المطلبات حيث انها تعاني من منافسة قوية في محيطها

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
  • 40
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mila to import new clothes and shoes stock from abroad for her store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012