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Ghada
Ghada is a 37-year-old single woman, who has worked in car rental for 10 years. Her business is highly requested in Lebanon since tourists come and request such a service in order to have a wide experience in discovering Lebanon on their own.

Ghada is applying for a loan from Kiva’s partner Al Majmoua in order to start a new business. She will start selling car spare parts as an additional income business. Such a business is specialized for men in Lebanon, but she is intending to take the challenge.

Ghada is enjoying her work, she puts so much effort to develop it and increase her income. She hopes to open a wide spare parts shop in the future and expand her products capital.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ghada to start a new business selling spare car parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014