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Jamila
Jamila is a 49 years-old married mother of four children. She has owned a small convenience shop in her village for fourteen years. Her husband is currently unemployed, which means that she is the only financial provider of the family. Her income is not sufficient to provide for a family of six individuals. Her children are enrolled in public high schools to provide them with good education.

Jamila decided to contact Al Majmoua and acquire a loan in order to purchase inventory for her shop. She will increase the cold beverages and special offer products. This will be Jamila's ninth loan cycle as an Al Majmoua borrower with a good paying back history. As for the future, Jamila wishes to expand her 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.

About Lebanon

  • $5,900
    Average annual income
  • 104
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Jamila to purchase inventory for her shop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 13, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014