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Huda
Huda is a 27-year-old single woman, who has been working selling clothes since 2009. Huda is willing to start her own business from the beginning in parallel with her present job as a sales person in a clothes selling shop, until she finds herself ready to open her own shop in the future.
Huda is well known in her region with her special customer care and smile that never leaves her face. She is applying for a YOUTH loan from Kiva's partner Al Majmoua, in order to start her own clothes selling business from home, as an extra income business, and will use part of it for consumption needs.
Huda is a hard worker who believes that when there is a will there is a way, and for her Al Majmoua is the way which she's optimistic to start with.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Huda to start her own clothing sales business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 5, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014