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Manal
Manal is a 34-year-old married mother of four children. She and her husband work hard to provide them with the best living.

Manal has been employed in a dental clinic for two years. She used to work as a salesperson in a clothes selling shop, but her current business has a better income.

Manal is acquiring a loan from Kiva's field partner, Al Majmoua, to buy a car necessary for her family's transportation. She also wants to buy a new living room.

She is working hard so that in the future she might establish her own clothes selling business and improve her family's living standard.

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
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,400 helped Manal to buy a car necessary for her family's transportation.
67% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2014
Listed
May 23, 2014
Currency Exchange Loss:
N/A