Check out some available loans that are similar to this one!
Rihab
Rihab is a 27-year-old married mother of three children. She has been selling shoes for four years. Rihab started this business to support her husband in their living and to make sure that her beloved children will have a more secure future with special acquired education.

Rihab is acquiring a YOUTH loan from Kiva partner Al Majmoua, in order to increase her business merchandise by offering a spring and summer special collection. This loan will attract new customers and increase Rihab's income.

Rihab is very excited about this loan and hopes that one day she will turn her business into a large wholesale trade business that can cover the whole region with special collections and encouraging prices.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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

  • $15,800
    Average annual income
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Rihab to increase her business merchandise by offering a spring and summer special collection.
94% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 17, 2014
Currency Exchange Loss:
N/A