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Amal
Amal is a 43-year-old married woman and mother of two children. Since 2002, she has sold cosmetics and makeup for a living. Amal helps her husband earn the family income and cover most of their expenses. She requests a loan from Kiva partner Al Majmoua to pay for her children's school fees.

Amal has borrowed from Al Majmoua for three consecutive cycles. The organization has helped her to improve her business and family's social and financial situation. Her main aim is for her children's education and health and she tries her best to work to meet their needs. Amal hopes to expand her business and open a shop instead of visiting clients homes.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,855,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Amal to pay for her children's school expenses.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012