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Leyla
Leyla is a 44-year-old married mother of 5 children who has worked as tailor for 20 years to help her husband in making their living. She works from her house because she can’t afford to open a separate business. She is a hard worker who puts much effort into develop her family’s socioeconomic situation.

Today, she is requesting a loan from Kiva partner Al Majmoua to buy necessary products and equipment to improve the quality of her productions. She also will use part of the loan to help her son to pay for some home construction materials to continue building his own house. As for the future, she hopes to open a separate shop outside her house for sewing clothes.

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

  • $5,900
    Average annual income
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Leyla to buy necessary products and equipment to improve the quality of her productions.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014