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Badrieh
Badrieh is a 37-year-old woman who lives in Saida, in southern Lebanon, with her husband and their five children. Badrieh owns a clothing shop. She asked for a loan of $1000 from Al Majmoua to pay the school tuition of her children.

Badrieh has been a client of Al Majmoua for a year. She has paid on schedule. She has owner her shop for three years. Her clients are her friends and neighbors. Having her shop taught her to be more patient. Her family is growing, which means that their demands and needs are also increasing; that is why she made the decision to work and open her shop.

Three years ago, when she decided to open her shop, she had the capital to start her business, but now that her family is bigger, she needs some assets to be able to pay her children's school fees. In the future, she plans to expand her business by renting a bigger shop.

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
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Badrieh badrieh needs the loan to pay her chilren's school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2008
Listed
Nov 21, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009