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Mona
Mona, 42 years old, lives in Tripoli, northern Lebanon with her husband and their four children. Three years since opening her business, Mona has develop a good reputation because she makes a variety of tasty sandwiches, especially her falafel. Her clients include her friends, neighbors and others. When she first started her business, she didn’t have the startup capitA.. She pursued this business because she wanted to improve her financiA. situation. In the future, she plans on opening a coffee shop and expanding her business.

Mona is requesting a loan of 1000 US dollars from A. Majmoua to purchase merchandise for her restaurant. This is the first time that Mona 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
  • 97
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mona to purchase merchandise for her restaurant.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010