Check out some available loans that are similar to this one!
Mona
Mona is a 46-year-old married mother of two children. For the past six years she has sold clothes and accessories. She is a hardworking woman who puts much effort into pleasing her customers and satisfying her family's needs and wants.


Mona is applying for a 3000 USD loan from Kiva's partner Al Majmoua in order to increase her business merchandise with a special summer collection. Since most of her customers are preparing themselves for Ramadan celebrations, she wants to be prepared for special requests and to update her merchandise.


As for the future, Mona is planning to expand her shop by moving to a bigger space and diversifying the merchandise she displays.

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

  • $15,800
    Average annual income
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mona to buy a special summer collection for customers preparing for Ramadan.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014