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Rita
Rita is a 33-year-old married mother of two children who has been working as an accountant; for 13 years, she also has been typing books and many other documents, and doing research from her house.

Rita is a hard worker, she provides her services to many customers in a well managed way.

Rita is acquiring a loan from Kiva partner Al Majmoua to buy a new upgraded and advanced computer that will make her work easier, and to start a new childrens clothing business from her house.

This newly established business will reflect positively on increasing her family's income, and improving their living, too.

She hopes that one day she'll be able to open a copy center, a children's clothing shop, and recruit others to help her in managing the increasing number of customers.

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
  • 68
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,800 helped Rita to buy a new upgraded and advanced computer that will make her work easier, and start a new childrens clothing business from her house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015