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Ghada
Ghada is a 34-year-old married woman, and the mother of three children. In August 2010, she opened a convenience store to increase her income in order to cover her family's expenses. Her husband is sick and he can't work at all.

Ghada faced many difficulties in the beginning when she started her business because she had to take care of her children and sick husband at the same time. Her children supported her a lot, which helped her to be able to increase her business. She sells food, sweets and conserves in addition to makeup and cotton wear.

Ghada is a hardworking woman. She is well known in the region with a good reputation based on the effort she put in to improve her family's situation.

Ghada applied for a loan from Kiva's partner Al Majmoua, in order to increase her food and makeup inventory. This loan will help her a lot in increasing her income and improving her living.

She hopes to keep on expanding her business to cover her children's educational fees and her husband's medical treatment.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,855,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ghada to increase her food and makeup inventory.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013