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Hoda
Hoda is a 58-year-old married mother of five children. She works as a tailor from her house, and she has twenty-seven years of experience. Hoda is responsible for the living expenses of one member of her family in addition to her own living expenses. She is acquiring her twelfth loan cycle from Kiva's partner Al Majmoua to improve her business productivity through buying necessary tailoring tools and she will invest part of her loan to buy necessary things she might need during her pilgrimage visit.
As for her future plans, Hoda is working hard to open a separate tailoring shop outside of her house which will provide her family and customers with the preferable privacy.

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    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 buy tailoring tools for her business.
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:
Aug 17, 2014