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Huda
Huda is a 41-year-old married woman and a mother of three children. Her husband works as a carpenter, but their combined income isn't enough to cover their family's needs, especially now that her three children are enrolled in a private school. Huda works from her house selling bags and accessories to help her husband to cover their needs. She is well known in her region and most of her customers are relatives, friends and neighbors. Huda is applying for a loan from Kiva's partner Al Majmoua to increase her bags and accessories capital with a newly released special summer collection. As for the future, Huda hopes to be financially capable of opening her own shop, which will sure increase her income and improve her family's living.

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
  • 89
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Huda to buy new summer collections of bags and accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014