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Taghrid is a 31-year-old married woman and the mother of one child. A year ago, she opened a lingerie store to assist her husband, a carpenter, with their household expenses.

She applied for a loan from Kiva’s partner, Al Majmoua, to increase the stock and variety of her products. In particular, she will use the money to buy lingerie, baby clothing and accessories.

Diversifying her retail will help Taghrid move further towards her career goal of expanding her shop and boosting her income. The lack of capital has been her major obstacle, but with this first loan from Al Majmoua she is more optimistic about her 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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Taghrid to increase the stock and variety of her products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 8, 2012
Jun 26, 2012
Currency Exchange Loss:
May 17, 2013