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Rima
Rima is a forty-year-old married woman, and the mother of six children. Since 2004, she has worked selling used clothes and electronic household appliances. Rima is a hardworking woman with a very good reputation, she puts a huge effort into helping her husband to cover their expenses and make their living. Rima is well known in the region with her wide business talent, she expanded her business a lot, and is working on making necessary decorations to give each product its suitable place.

Rima has been a partner of Al Majmoua and Kiva for nine loan cycles. Her previous loans helped a lot in improving her business, and at the same time her family's living standards. Today, Rima is applying for a loan for the same purpose which is to increase the clothes that she has to sell, especially her spring and summer collection. She is sure it will bring benefit to her family and 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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Rima to increase the spring and summer clothes that she has to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2012
Listed
May 9, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013