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Lina
Lina is a 40-year-old single lady, who is the sole breadwinner for three members of her family.
Lina is a hardworking woman who has been selling clothes for 13 years to make sure that she can cover her own and her family’s needs.
Lina is acquiring a loan from Kiva's partner Al Majmoua to increase her business merchandise with a special Christmas and winter collection. This will increase her income and develop her standard of living.
Lina’s business is mobile and she doesn’t have a shop of her own. Her future plans will be concentrated on developing her business through opening her own stable clothing shop.

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Lina to increase her business merchandise with a special Christmas and winter collection which will increase her income and develop her living standards.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015