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Kamela
Kamela is a 69 year old widow who lives in Tyre, southern Lebanon with her four children. She has owned a grocery and candy store for 19 years. She has requested a loan of $600 dollars from Al Majmoua in order to purchase merchandise for her store. Kamela has been a microcredit client for six years now and has always paid on time.
Kamela’s loans have helped her improve her capital and support her family. She is special in her work because she charges cheap prices to the children in order to attract clients. Her clients are her neighbors. In the future, she plans to purchase merchandise and help her son repair his car.

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
  • 89
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Kamela kamela needs the loan to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2008
Listed
Dec 21, 2008
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010