Check out other loans that are currently fundraising!
Mona
Mona is a 26-year-old married woman and mother of two children. She opened a mobile shop in 2007 in order to help her husband in their family's income. Mona is a hardworking woman, and she updates her business regularly with new mobiles and technologies. Most of Mona's customers are neighbors, relatives, and friends, in addition to passers-by.

Mona is requesting a loan from Al Majmoua in order to increase her merchandise through buying new mobile phones, accessories, and recharge cards. Mona will also invest her loan in helping her husband do maintenance to the power generator necessary for completing his business.

This is Mona's first cycle as an Al Majmoua borrower. She will work hard to make this investment a good one, as she hopes the other one will help in expanding her shop to start dealing with new technologies.

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
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mona to increase her business merchandise with mobile phones, accessories, and recharge cards.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2011
Listed
Oct 9, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013