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Lina
Lina is a 37-year-old, married mother of three children. She owns a small business, where she sells physiotherapy kits for the disabled. She has been working in this field for 15 years. Her husband works on construction sites, in the field of concrete. Two of her kids are enrolled in private schools so that their future might be brighter than that of their parents. However, this also means that she has to settle the schooling tuition on top of the other expenses.

Lina is a very ambitious person and is very dedicated and passionate about her work. This is why she decided to acquire a loan from Al Majmoua, in order to purchase new physiotherapy kits that are more advanced than the ones she has been selling, and in order to replace her machines with new ones. As for the future, Lina wishes to expand her business to be the number one in her region.

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
  • 58
    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 $2,000 helped Lina to purchase new physiotherapy kits that are more advanced than the ones she has been selling.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014