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Bassima
Bassima, a 47-year-old married mother of two, has operated an art business for the past 13 years, specializing in embroidery work. She started working on her own to help her husband earn their living and cover their expenses. A hardworking woman with a very good reputation, Bassima is well known in her region for her special talent, quality and prices.

Bassima is acquiring a loan from Kiva partner Al Majmoua to perform necessary maintenance to her kitchen before the coming winter season. She is working hard to open a special embroidery workshop where she can recruit ladies who can help her in increasing her production and improving her living.

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
  • 90
    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 $2,500 helped Bassima to perform necessary maintenance to her kitchen before the coming winter season.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2015