Check out some available loans that are similar to this one!
Rahma
Rahma is a 47-year-old married woman, the mother of two children. She has been selling beauty cosmetics and perfumes since 2009. Rahma has specialized in this business in order to help her husband in making the family’s living and covering her children's expenses. To increase her family's income and better support her husband, Rahma is applying for a loan from Kiva's partner, Al Majmoua, to support her clothes-selling business, offering a newly released spring and summer clothes collection. Rahma hopes that one day she will be capable of opening her own clothes and cosmetics selling shop, and improve her family's standard of living.

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
  • 39
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Rahma to buy a new collection of spring and summer clothes to develop her business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 30, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014