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Fariza
Fariza is a 45 year old woman who lives in Bint Jbeil, southern Lebanon. Fariza owns a clothing and accessory shop for children. She also works from her home as a sewer. Fariza is requesting a loan from Al Majmoua in order to purchase merchandise for her shop. This is her third loan request after having paid back her previous loans on time.

Fariza is uniquely placed because she sells a large variety of products. Her clients are her friends, neighbors and tourists. When she first started, she didn’t have a lot of cash and wasn’t able to meet her clients demands. Fariza decided to pursue her business because she has experience in sales and likes working with children. In the future, she plans on expanding her business.

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

  • $5,900
    Average annual income
  • 23
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • 1,502.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Fariza to purchase merchandise for her shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010