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Rania
Rania is a 32-year-old Syrian married woman, mother of two children, who lives and works in Dahieh Palestinian camp, because it is hard for hard to afford living outside the camp.
A year ago, Rania opened her own Kids clothing sales shop to help her husband in making their living. She is proud of the level she reached in a year, and is working on expanding it more and more in the future.
Rania applied for a loan from Kiva partner Al Majmoua, in order to support her newly established business, through buying new spring & summer collection with special prices.
She hopes to provide her children with the best education and healthy living, and to open a big branch outside the Camp in the future.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,241,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rania to support her newly established business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013