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Nesrien is a 32-year-old woman who lives in Beirut, the capital of Lebanon, with her husband and their two children. Nesrien has owned a clothing shop for six years. She sells women and children’s clothes.

Nesrien is special in her work because of her experience; she knows how to please her clients and is aware of the fashion. Her clients are her friends and neighbors. Nesrien requested a loan from Al Majmoua in order to purchase merchandise for her shop. This is her second loan cycle and she has always paid on time.

When she first started her business, she didn’t use to sell a lot and therefore, brought in less revenue. Nesrien decided on doing her business because of her experience in sales. In the future, she plans on improving her shop.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $18,176,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Nesrien to purchase merchandise for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 18, 2009
Oct 15, 2009
Currency Exchange Loss:
Oct 15, 2010