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May is a 50-year-old married woman and the mother of two children. She started working twenty years ago, trading in Brazilian Gold. Her business is improving because of her customers' trust, and because true gold isn't affordable to their budget at all as it's much too expensive to buy.

May is a hardworking woman, and she works her best to help her husband make their living. Family expenses are increasing, and that's why she has to improve her income through increasing her Brazilian Gold collection and to support the cosmetics trade she started earlier. For this reason, she is applying for a loan from KIVA Partner "Al Majmoua". She is one of Al Majmoua's loyal borrowers, and now she's applying for her 13th loan cycle, with an excellent reputation and paying back history. She believes that Al Majmoua is the most important reason for her business improvement.

She hopes to open a jewelry shop one day to rest from seeking after customers, and to keep her house just for her family's rest and not to accept customers in it.

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
  • 130
    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 $1,500 helped May to increase her Brazilian Gold collection and to support her cosmetics trade.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 13, 2011
Dec 29, 2011
Currency Exchange Loss:
Nov 15, 2012