Check out some available loans that are similar to this one!
Majida
Majida is a 43-year-old married mother of two children. She has been running her convenience store since five years ago. It is an important source of living for her beloved family, since her husband has a very low-income business.

Majida is requesting a loan from Kiva partner Al Majmoua for the first time, to increase her business merchandise with special released detergents highly requested by her customers. She might also invest part of the loan in buying special offered products, which will attract customers' attention and increase her selling.

She hopes to stay capable of responding to her customers’ needs to make sure that she can easily cover her family's needs.

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
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,334,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Majida to increase her business merchandise with special released detergents highly requested by her customers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 26, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014