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May, 47, lives in Bourj el Barajneh, in the southern suburbs of Lebanon, with her husband and their three children. May has been selling gold Brazilian jewelry sixteen years. She requested a loan of 1000 US dollars from A. Majmoua in order to purchase gold from Syria.

May has been a micro-credit client for nine years now and has always repaid on time. The loans have made her life easier, especially since she didn’t have family support. May is speciA. in her work because she knows how to treat her clients. Her clients are friends, neighbors, and summer tourists. In the future, she plans to expand her business by becoming a wholesaler and also by selling gold to other retailers.

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
  • 46
    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 $1,000 helped May to purchase gold from Syria for re-sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 15, 2008
Dec 22, 2008
Currency Exchange Loss:
Jan 15, 2010