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Nada
Nada is a 52-year-old divorced woman who lives in Tyre, in Southern Lebanon. Nada owns a grocery store. She has requested a loan of $2000 US dollars from Al Majmoua to purchase merchandise and diversify her stock. This is the first time that Nada has requested a loan.

Nada is distinguished in her work because she knows how to treat her clients. Her clients are her friends, neighbors and others. When she first started her business, she had difficulty finding the proper place to open her shop and find a cheap rent. In the future, Nada 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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Nada nada will use the loan to purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010