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Daed is a 52 year old woman who lives in Bourj el Barajneh, a southern suburb of Lebanon with her husband. Daed has been working as a home product salesperson for three years. She sells medicine, cosmetics and cleaning products. Daed does well because she is motivated and wants to open a clothing shop. Her clients are her friends, neighbors and others. When she first started her business, she had difficulties getting clients but she has no problems now. Daed decided on opening her own business because she has always liked working. In the future, she plans on expanding her business and opening a clothing shop
Daed has requested a loan of 1000 US dollars from Al Majmoua to purchase merchandise for her work. This is the first time that Daed has requested a loan.

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

  • $15,800
    Average annual income
  • 175
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Daed to purchase more inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 12, 2009
Jan 26, 2009
Currency Exchange Loss:
Feb 15, 2010