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Houda
Houda is 56 years old and divorced. She opened her clothing shop in 2000 to make her own living. Houda is a smart business woman who knows every customer's needs and works on fulfilling them.

Houda is requesting her 13th loan from Al Majmoua, which she will use to increase her summer collection. She hopes to keep on increasing her collection to attract different customers in the future. Houda is a borrower with a good repayment history, in addition to showing remarkable business growth.

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
  • 52
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Houda to purchase a new summer collection of clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013