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Yasmine, a 59-year-old married mother of three children, has been selling wedding and special occasion dresses since 2001. She loves her business, and her nine previous loans from Kiva partner Al Majmoua, all since repaid, have been of tremendous assistance in improving her enterprise, reflected in her family's social and financial advances.

Now requesting her tenth loan in order to purchase a new collection of dresses to attract new brides and bridesmaids, Yasmine, who helps her husband in their living expenses, hopes to expand her business and open her own factory in the future.

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
  • 33
    View loans »
    Lebanon Loans Fundraising
  • $19,527,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Yasmine to increase her collection of new wedding dresses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 26, 2011
Oct 26, 2011
Currency Exchange Loss:
Aug 16, 2012