Check out some available loans that are similar to this one!
Majida
Majida is a 51-year-old, married mother of five children, for whom she has been the sole breadwinner for 18 years.

In 2003, Majida established her own business, which is specialized in pasting plastic and cardboard bags. She is a hard-working woman with special talents in her domain. Majida's relationships with nearby printing companies put her on the top list of people who do such a service.

Today, Majida is acquiring a loan from Kiva partner, Al Majmoua Lebanese Association for Development, to buy necessary raw materials that will decrease her costs and increase her income.

Majida hopes to move to a larger shop to expect more requests.

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
  • 99
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    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 buy necessary raw materials that will decrease her costs and increase her income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Feb 10, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014