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Bahija
Bahija, a 50 year-old married mother of three children, lives in a small village in the south of Lebanon with her family. She and her husband both own a grocery shop where they sell and trade all kinds of vegetables. The grocery store is their only source of financial revenue, which is why enhancing it means raising their revenues. Thus, Bahija contacted Al Majmoua because she decided to acquire a loan and purchase merchandise for her store, as well as maintain the family car. In the future, she wishes to enlarge the grocery shop.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Bahija to purchase merchandise for her store, as well as maintain the family car.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014