Funded

Total loan: $1,700
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Mona

Lebanon
Saida, Lebanon / Clothing Sales

A loan of $1,700 helped to purchase a new clothes collection and linens to expand her business.


Mona's story

Mona is a 59-year-old married woman and a mother of 7 children. In 2006, Mona started working from home to help her husband in making their living. Mona started selling linens, blankets, clothes, perfume, and makeup. Her business is going on fine, especially considering that she is living in a Palestinian camp (the same as all of her Palestinian citizens), which limits her working zone.

Mona applied for a loan from Kiva partner Al Majmoua in order to purchase a new clothes collection and linens to expand her business. Since we are approaching the winter season, she has to update her collection based upon customers' needs.

This is her fourth cycle as an Al Majmoua borrower, with a good-standing payback history.

She hopes to reach a level where she can have the financial capacity to open her own shop outside the camp.



Loan details

Loan length:

18 months
Disbursed date: September 28, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: September 28, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development