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Rola
Rola K., 29 years old and the mother of one child, lives in Northern Lebanon close to the town of Baalback. A very active woman who works as a hair dresser, her creative mind is always searching for ways to better develop her shop. Rola is requesting a $500 loan from Al Majmoua to purchase various new hairdressing tools including scissors and hairdryers. This will be Rola's first loan with Al Majmoua.

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $16,078,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rola to purchase new hairdressing tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 30, 2008
Listed
Sep 16, 2008
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009