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Layla
Layla is a widowed mother of two children, whom she has been taking care of since her husband passed away twenty years ago, leaving her with two babies to take care of and be the mother and the father at the same time.

She started her home-based business to make sure that she could take care of both her children and run a business at the same time. She started a Mouneh business, which is based on conserving food from one season to another in a very special way. She also prepares tomato pastes to be used in certain cooking needs, as well as several kinds of jam.

Her business is quite enough to cover her family's needs, but not for any extra required need. Today, Layla is acquiring a loan from Kiva partner Al Majmoua to add a new bedroom to her house. She hopes that one day in the future she'll be able to take care of necessary maintenance to the whole place and to open a separate working place.

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
  • 39
    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 $1,000 helped Layla to add a new bedroom to her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014