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Lina
Lina is a 47-year-old married woman and mother of four children. She has been working selling gifts, accessories and perfumes since 1975. Lina is a hard worker who developed her business gradually over the years. Her customers are loyal to her, and insist on supporting her through their loyalty. Her son and husband help her by taking turns staying at the shop so she can go home early to take care of her other family members, through preparing food and reviewing her children's lessons if requested.

Lina is applying for a loan from Kiva's partner Al Majmoua, in order to increase her business capital with special Christmas gifts and gadgets. This is Lina's second cycle as Al Majmoua borrower; her previous loan helped a lot in increasing her business capital and improving her living situation. She hopes to keep responding to customers' needs and developing 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

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Lina to increase her business capital with special Christmas gifts and gadgets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013