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Manal
Manal is a 41-year-old married mother of four children. She is a hard worker who decided a year ago to start her own business to help her husband in covering their precious children's increasing living and education needs.

Manal's work is mobile. She visits customers' houses and businesses to present her products for them in a well-managed way. She sells home products specialized in cooking needs. Today she is acquiring a loan from Kiva partner Al Majmoua in order to increase her business merchandise with special offer products that will increase her business capital and income at the same time, in addition to attracting customers' attention to newly released products and create an urgent need for such products.

Manal is an ambitious lady who is working hard to open a wide home products sales shop that includes a wide variety of all kitchen ware 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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Manal to increase her business merchandise with special offer products that will increase her business capital and income at the same time, in addition to attracting customers' attention to newly released products and create an urgent need for such products.
73% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
N/A