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Majida
Majida is a 48-year-old married mother of one child. She has been working as a tailor for nineteen years, and in addition sells house ware items.

Majida is a hard worker, who has been taking good care of her only child alone since her husband left her alone in Lebanon while he was seeking a better income and business abroad to cover his family's increasing needs.

Today, Majida is acquiring her third loan cycle from Kiva's field partner Al Majmoua, to pay for her child's university tuition fees, and to invest part of the loan in buying necessary merchandise for her business.

Education is very important to Majida and she invests everything she has to provide her child with the best education.

Her previous loans had a productive impact, and she is hoping to keep on developing her business as much as she can.

Additional Information

More information about this loan

This loan is part of Al Majmoua's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

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
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,200 helped Majida to pay for her child's university tuition fees, and invest part of the loan in buying necessary merchandise for her business.
83% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2014
Listed
May 18, 2014
Currency Exchange Loss:
N/A