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Update on Ghadir

Ghadir is a 26-year-old married woman and the mother of two children. She opened a gift shop in 2010, in order to help her husband provide a better living for their family. She sells gifts, toys, stationery, and household items, and she recently started selling kids' sports clothes and socks to earn more money and increase her income.

Ghadir is a hard-working woman, and she has an excellent reputation in her area. She is requesting a YOUTH LOAN from Kiva partner Al Majmoua, in order to buy wood needed for heat during the coming winter season. Wood is the main source of heat in her area, and she has to be prepared and sure that her precious family will feel warm during the freezing winter season they expect every year. Ghadir has a newborn baby whom she has to ensure will have a healthy living just like the other family members.

Ghadir is confident that this loan will help her take good care of her family, and she is improving her business slightly with the small profit she is making from her sales. She continues to hope that she will be able to expand her business more and more in the future, move her shop to a more commercial area, and increase the quantity of products she carries.

Previous Loan Details

Ghadir is a 25-year-old married woman and the mother of one child. She opened a gift shop in 2010, in order to help her husband earn their own living in a better way. Ghadir is a hard working woman and she has an excellent reputation in her area. She is requesting a loan from Kiva partner A... More from Ghadir's previous loan »

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Lebanon

  • $15,800
    Average annual income
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ghadir to buy wood needed for warmth during the coming winter season.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Nov 18, 2012
Currency Exchange Loss:
Mar 17, 2014