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Hanady
Hanady is a 31-year-old, married woman, and the mother of two children. She has been working in selling beauty cosmetics since 2010. Her business is going on just fine, but it needs some external financing, to improve it more and reply to customers' needs.

Hanady is applying for a loan from Kiva's partner, Al Majmoua, in order to increase her business merchandise by adding a special, just-released spring and summer collection. This loan will develop her business more and help her to increase her business capital. It will also increase product diversity, which will attract customers' attention and increase her income.

Hanady is well-known in the region, with her good reputation and the good quality of the products she offers. She hopes to keep on expanding her business, to attract more customers 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

  • $15,800
    Average annual income
  • 124
    View loans »
    Lebanon Loans Fundraising
  • $16,262,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hanady to increase her business merchandise by adding a special, just-released spring and summer collection.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 29, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014