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Romanda is a 38-year-old, married mother of two. For 25 years, she has been working to bake special, traditional Manakish (a folded dough, with several tasty toppings on it, such as cheese or thyme, served for breakfast mainly, but can be taken at anytime during the day). Thirteen years ago, this extensive experience helped Romanda to start to help her husband in improving their business and increasing their income.

Romanda is applying for a loan from Kiva partner, Al Majmoua Lebanese Association for Development, to increase her funds for buying flour and to pay for her husband's driver's license expenses. This license will help them buy and transport their business products and family needs in a less expensive way.

Romanda hopes to keep on expanding her business in a well-managed way and to open a larger bakery in the future.

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
  • 176
    View loans »
    Lebanon Loans Fundraising
  • $17,477,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Romanda to increase her funds for buying flour and to pay for her husband's driver's license expenses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 24, 2013
Jul 30, 2013
Currency Exchange Loss:
Jul 17, 2014