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Lina
Lina is a 44-year-old married mother of two children. She is employed in a center for handicapped children and has taken care of their mental and educational development since five years ago. Though her income is low, and her work requires a lot of patience and perseverance, she is devoted to her job. Her husband works in the sales department of a store. Both her children are enrolled in private schools, which means that she and her husband have to pay tuition. She decided to contact Al Majmoua for a second time in a row because she needs financial support to maintain her house's bathroom. She cannot afford to do it with her own salary. In the future, Lina wishes to open her own center just like the one she works in so that she can provide the best care and education to disabled children.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 50
    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 $2,000 helped Lina to maintain her house's bathroom.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014