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Randa
Randa is a 45-year-old married Syrian citizen, who is living and working in Lebanon. Randa established her home products selling business in March 2011 to make a living and meet her family's needs.

Randa is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise and diversify her products to provide her customers with a wide variety of products that will attract their attention and increase her income. She will also increase the items related to the Christmas season that are highly requested during this period.

Randa hopes to expand her shop in order to meet almost all of her customers' 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
  • 108
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Randa to increase her business merchandise and diversify her products to provide her customers with a wide variety of products that will attract their attention and increase her income. She will also increase the items related to the Christmas season that are highly requested during this period.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 15, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014