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Diala
Diala is a 35-year-old single woman and a souvenir craftswoman. She has been in the souvenir-making business for the last eight years, and her quality of work is known all around her neighborhood. The income she makes from her work has been able to provide her with most of what she needs, yet she lacks the capital to complete renovations on her house.

Thus Diala acquired a loan from Kiva’s field partner Al Majmoua in order to pay some of her family’s house needs.

Today her acquired loan will be used to buy requested housewares.

Diala hopes to open a small gallery to display and sell her crafts.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,030,725
    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 Diala to buy requested housewares.
83% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 30, 2014
Currency Exchange Loss:
N/A