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Lina
Lina is a 49-year-old married woman and the mother of one child. In 1996, she opened her own grocery store to help her husband in making their living. Lina is a hard worker with a very good reputation. Her aim is to help her husband in making their living, although at the beginning he was against the idea, because he didn't want his wife to tire herself in business life and wants her to stay relaxed and take good care of their child. But, at the end he accepted the fact that she has to spend her spare time in something useful that is productive at the same time.

Today, Lina is applying for a loan from Kiva partner Al Majmoua, and this is her ninth cycle as Al Majmoua borrower. She wants to buy new merchandise for her business, in order to increase the variety of products she sells. Lina is always responsive to her customers requests to keep them loyal and pleased. She hopes to turn her shop to a Super Market, and she is willing to open a bakery in the future.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,865,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Lina to buy new merchandise for her business in order to increase the variety of products she sells.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014