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Rima
Rima is a 42-year-old, divorced mother of four children. She lives in small village in the south of Lebanon. She has worked as a tailor for the past twenty years, making wedding dresses and other clothes. She also sells lingerie. Her business is a main source of income for her family’s living. Her children are enrolled in a public school so that they may receive an education that she did not have the opportunity to acquire.

She decided to contact Al Majmoua and acquire a loan in order to purchase merchandise for her small business such as lingerie, clothes, and a sewing kit. As for the future, Rima wishes to open up her own clothing shop and increase her revenue in order to provide a better life for her family.

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
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Rima to purchase merchandise for her small business such as lingerie, clothes, and a sewing kit.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jul 13, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015