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Hanady is a 38-year-old married mother of four. She has been working at selling home products for a year, to help her husband increase their income and cover their family's expenses. Hanady is applying for a loan from Kiva partner Al Majmoua to increase her merchandise with a newly released collection, which will surely attract customers’ attention and create a need for the items displayed. Hanady wants to keep on developing her business in the future, either by opening a larger shop or another branch.

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
  • 143
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hanady to increase her merchandise with a newly released collection.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 27, 2013
Aug 4, 2013
Currency Exchange Loss:
Jul 17, 2014