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Nada
Nada is a 51-year-old married mother of three children who works hard with her husband to provide them with the necessary living needs. Nada has worked selling beauty cosmetics and Tupperware from her house for three years. She is working hard on developing her business and increasing her capital to attract more customers and increase her income.

Nada is acquiring a loan from Kiva's partner Al Majmoua to increase her business merchandise with a special summer collection that will attract customers' attention and increase her income.

She hopes to develop her business more in the future by diversifying her products and increasing her capital to open a shop of her own.

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

  • $5,900
    Average annual income
  • 78
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Nada to increase her business merchandise with a special summer collection.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2014
Listed
May 12, 2014
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015