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Hoda
Hoda is a married mother of three children who has worked as a butcher for twenty years. They serve high quality meat at special prices. Hoda’s long experience in this field provided her with customers' trust and support even though it is weird in her region for a woman to work as a butcher, which is always given the image of a man’s business. She is acquiring a loan from Kiva partner Al Majmoua to increase her business income through buying cows and increasing their meat capital to better respond to the increasing customers’ requests.

As for the future, Hoda is willing to increase the number of cows she owns to open her own farm and to expand her business and increase productivity.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Hoda to increase her business income through buying cows and increasing their meat capital to better respond to the increasing customers’ requests.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014