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Nada
Nada has been operating a successful wedding dress rental business since 2002. Her gowns are beautiful and fiancees frequently inquire about renting after seeing a dress at a wedding. She hopes to partner with a seamstress in the near future to begin tailoring and selling gowns.

Nada has requested this housing loan to furnish her apartment, where she lives alone. She plans to use the amount to install curtains and to replace the old mattress on her bed. These repairs will allow her to rest more comfortably. Curtains are an important status symbol as well, and she will be able to entertain guests and make connections with greater confidence.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $5,900
    Average annual income
  • 83
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Nada furnish her home with curtains and bedding.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014