Check out other loans that are currently fundraising!
Houda
Houda is a 54 year old widow who lives in Beirut, the capital of Lebanon with her child. She has been working as a vegetable seller for forty years. She sells fresh vegetables, eggs, lettuce, mint and lavender. Houda has requested a loan of 1000 US dollars from Al Majmoua in order to purchase merchandise, more specifically vegetables and eggs. This is her second cycle and she has always paid on time.
When Houda first started her business, she faced a lack of knowledge of sales. Her clients are her friends and neighbors. Houda decided to do this business because she was a widow and had to make her living. In the future, she plans to increase her productivity.

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
  • 83
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Houda houda needs the loan to purchase merchandise, more specifically vegetables and eggs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2008
Listed
Jan 2, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2010