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Joumana
Joumana, 30 years old, is single and lives in Tripoli in the north of Lebanon.


Joumana's enthusiasm and willpower allowed her to defy the community as she opened a shop to sell painting materials, a business traditionally managed by men. She requests a loan of $1,200 so she can purchase more goods to sell. This will allow her to attract more clients by offering them a larger variety of products.


Joumana has been a micro-credit client of Al Majmoua for the past 4 years. She has always repaid her debts on time.

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Joumana to purchase painting goods to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 19, 2008
Listed
Aug 4, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009