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Hanadi
Hanadi is a 45-year-old widowed mother of four children; she has sacrificed her whole life to provide them with the necessary standards of living since her husband passed away.

Hanadi has been working in selling lingerie and sleeping suits since 14 years ago. In March 2013, she opened her own shop to increase her income in order to stay capable of replying to her increasing family needs.

She is applying for a loan from Kiva's partner Al Majmoua to increase her business merchandise with a special summer collection. She is very anxious about this loan, and is willing to invest it in a well-managed way to make sure that one day, she will open additional branches and expand her working zone in addition to diversifying her products to attract customers' attention.

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

  • $15,800
    Average annual income
  • 65
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hanadi to increase her business merchandise with a special summer collection.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014