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Nada is a 35-year-old married woman living with her husband and seven wonderful children in Dahieh, Lebanon. She has been an owner of a grocery store since 2008, selling soft drinks, juices, cheese, and dairy products. She has a deep understanding of local consumer needs. Her store is situated in a crowded area so there are a good number of customers coming in and buying.

Nada decided to apply for a loan from Al Majmoua, a Kiva partner, in order to buy new products for her store that she believes her customers will like. This is her second cycle as an Al Majmoua borrower; she has a very good loan history. Nada hopes to increase her profits in order to provide a better life for her big family.

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nada to buy new products for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 6, 2011
Sep 17, 2011
Currency Exchange Loss:
Oct 15, 2012