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Mariam
Mariam is a 44-year-old woman who lives in the Bekaa. She has been selling children's clothes since 2007. She sells dresses, shirts and sweaters; she also sells slippers, etc. She requested a loan from A. Majmoua in order to purchase merchandise for her shop since the new spring and summer collection has arrived. This is the first time that she has requested a loan.

A feature of Mariam's work is that she knows how to treat her clients and they feel comfortable purchasing from her. Her clients are mainly her friends and neighbors. When she first started her business, she had no difficulty since she had a large network and people knew her well. Mariam decided to set up her business because she wanted to improve her financiA. situation; she is a very active woman who does her best to improve her income and provide the best for her family. Therefore, she decided to have independent work. In the future, she plans to keep up the good work.

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
  • 99
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mariam to purchase merchandise for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011