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Rajaa is a 45-year-old married mother of two children. She owns a small home business where she trades and sells used clothes and shoes. Her husband works in construction. Both her children are enrolled in public schools in order to provide them with a good education, since the highest degree Rajaa ever got was intermediate. She decided to contact Al Majmoua to acquire a loan in order to purchase tiles for the new shop she is planning on opening up. As for the future, Rajaa wishes to expand her business by further enhancing her new 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
  • 131
    View loans »
    Lebanon Loans Fundraising
  • $18,183,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,000 helped Rajaa to purchase tiles for the new shop she is planning on opening up.
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 30, 2013
Jul 1, 2013
Currency Exchange Loss:
Jul 31, 2013