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Hana
Hana is a 47-year-old single woman. She has had a business weaving carpets for 25 years. Hana is a hard working woman, with a very good reputation and remarkable handmade carpets. She uses an old traditional cotton weaving loom to produce special rugs and carpets by request of several loyal clients who value her production.

Hana is a very responsible person. Although she's not married, she is responsible of taking care of her brother's children, because his business is not going on fine. That's why she applied for a loan from Al Majmoua-Kiva partner -- to buy necessary sheep cotton to expand her business to cover the childrens' school fees and normal life requests.

What makes Hana's business unique is the tool she uses to produce these special carpets, since people working on such looms are very rare these days; almost vanished. Hana hopes to expand her business and develop it in the future, by teaching a few others this profession and opening and starting a small, professional business.

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
  • 111
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hana to buy sheep cotton to expand her business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2011
Listed
Oct 19, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013