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Walaa
Walaa is a 22-year-old single lady who is employed in a television station to make money to pay for her university tuition fees.

Walaa works in the documentation department, which is suitable with her university major and provides her with added experience.

Walaa has to pay for her university fees and her own needs, but her salary isn't enough to cover both needs easily. That's why she is applying for a loan from Kiva's partner Al Majmoua.

She hopes to finish her studies soon, which would allow her to get a new job and salary and decrease her expenses.

Additional Information

More information about this loan

This loan is part of Al Majmoua's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

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
  • 82
    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 $1,400 helped Walaa to pay her university fees.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014