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Darwicha
Darwicha is a 54-year-old single woman and the sole earner for two members of her family. Seven years ago she opened a grocery shop in a Palestinian camp and it has many customers. After facing the struggle of making enough revenue to cover the cost of the shop, she has since started earning a steady income from her business.

She acquired another new loan from Kiva’s field partner Al Majmoua to buy an ice cream cooler and increase her merchandise since she counts on the coming summer months to make more profit.

She intends to develop her business more one day in a way that better improves her family's livelihood.

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

  • $15,800
    Average annual income
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Darwicha to buy an ice cream cooler and increase her merchandise.
86% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 30, 2014
Currency Exchange Loss:
N/A