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Mariam
Mariam is a 53-year-old woman who lives in the Bekaa. She has owned a grocery store for twenty-four years and also sells sweets (candies), fruit, vegetables and home products. She requested a loan of 2,500 US dollars from Al Majmoua in order to purchase merchandise for her store. This is her second loan and she has always repaid on time.

Mariam’s previous loan helped her expand her business and diversify her merchandise. She is special in her work because she knows how to treat her clients and you can find all you want in her store. Her clients are her friends and neighbors. When she first started her business, she didn’t face difficulties. Mariam decided on her business because of her financial need. In the future, she plans on expanding her business by selling chickens.

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Mariam to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010