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Handomah is a 19-year-old single woman who opened an accessories shop three years ago to make her living and to support her family after her father passed away. Handomah likes and enjoys her business a lot, and is working hard to improve it. Unfortunately, she does not have the financial ability to develop it widely. She is rarely able to add new products to cater to diverse customer needs. Handomah is applying for a YOUTH loan from Kiva's partner Al Majmoua, in order to buy newly released accessories collections. She is very excited about this loan because she is sure that through it she will be able to add new products and designs that will attract customers' attention and increase her income. She is working hard on expanding her business more in the future by moving to a bigger place.

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.

About Lebanon

  • $15,800
    Average annual income
  • 51
    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 Handomah to buy newly released accessories collections.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 16, 2013
Currency Exchange Loss:
Feb 17, 2014