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Ghazaleh
Ghazaleh is a 62-year-old married woman, mother of one child. In 1996, she opened a convenience store to help her husband in making their living and covering their expenses.

Ghazaleh is applying for her first loan cycle from Kiva partner Al Majmoua, in order to increase her merchandise with specially requested products, such as hot chocolates and drinks, in addition to sweets and conservatives.

Ghazaleh works hard to develop her business as much as she can, to make sure that she will have a sustainable financial situation.

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
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ghazaleh to increase her merchandise with specially requested products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013