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Rasmiya
Rasmiya is a 32-year-old married mother of four children. She is a Palestinian refugee who has been working for 17 years in the embroidery business. Just like most of the Palestinian refugees who live in a Palestinian camp, she had to find a suitable job that will help her support her family's needs.

Rasmiya is very talented in her business, and highly recommended in her region. She is acquiring a loan from Kiva partner Al Majmoua, to make necessary maintenance to her house. The ceiling is leaking and she would like to repair it before the coming winter season to keep it a healthy living place for her precious family. She would also like to help her husband to pay for his car registration fees which is very important for facilitating his business.

Rasmiya hopes to keep on supporting her family in their needs, especially covering her children's education, and wishes that one day she'll be capable of spreading her work outside the camp.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,500 helped Rasmiya to repair a ceiling leak and pay for car registration.
83% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Dec 8, 2013
Currency Exchange Loss:
N/A