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Malakeh
Malakeh is a 48 year old woman who lives in Tripoli, northern Lebanon with her husband and their seven children. Malakeh owns a grocery store. She also sells home products. She requested a loan from Al Majmoua in order to purchase merchandise for her shop. This is her fourth cycle loan and she has always paid on time.
Malakeh is special in her work because she knows how to treat her clients. Her clients are her friends, neighbors and others. When she first started her business, she had financial issues. She decided to enter into this business because she wanted to improve her financial situation. In the future, she plans to expand her work by opening a clothing 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

  • $5,900
    Average annual income
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Malakeh to purchase merchandise for her shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2009
Listed
Sep 22, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011