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Rabab
Rabab is a 33-year-old single woman. She has owned her grocery shop for 15 years now, selling a variety of products ranging from vegetables, sweets, and drinks to even detergents. Her customers are the people of her village who trust the quality of her goods and favor her pleasant and friendly attitude.

Rabab is applying for a loan from Kiva’s partner, Al Majmoua with which she will purchase additional goods to sell at her store. This will allow her to expand her business and consequently generate more income for herself. With the money left from the loan, Rabab will assist her brother by supporting his 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

  • $15,800
    Average annual income
  • 30
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rabab to purchase additional goods to sell at her store.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
May 19, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013