Check out some available loans that are similar to this one!
Chama
Chama is a 49 year old woman who lives in the Bekaa with her husband and their four children.
Chama has owned a grocery store for two years. She also sells sweets. Chama requested a loan of 1000 US dollars from Al Majmoua in order to purchase merchandise for her store. This is the first time that Chama has requested a loan.
Her clients are her friends and neighbors.
In the future, Chama plans to expand her business.

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
  • 32
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chama chama will use the loan to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2009
Listed
Feb 13, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010