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Hala
Hala is a 46-year-old woman who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with her husband. Hala has been doing embroidery for six years. Hala requested a loan of 500 US dollars from A. Majmoua in order to purchase merchandise for her work. This is her second loan cycle and she has always paid on time.



Hala is speciA. in her work because she does it well. Her clients are her friends and neighbors. In the future, Hala plans on improving 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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,241,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Hala to purchase merchandise for her work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2009
Listed
Apr 3, 2009
Currency Exchange Loss:
N/A
Ended:
May 16, 2010