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Hafiza
Hafiza is a 34 year old woman. She is a mother of 2 boys and 1 girl (7, 5 and 1 year and half). Hafiza has more than 10 years of experience in child care services and has owned her own kindergarten in the area of Moussaitbeh, Beirut for the past seven years.


Hafiza has been a client of Al Majmoua for the past six years and has an excellent record of payment on her loans. With the consecutive loans she has received, she enhanced the security features, regularly changed the carpets, wallpaper and furniture in her kindergarten.


She now needs a loan of $1,200 in order to change the wallpaper and to buy new educational toys for the children.

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
  • 39
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hafiza change the wallpaper and buy new toys for her child care center.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 15, 2007
Listed
Oct 1, 2007
Currency Exchange Loss:
N/A
Ended:
Apr 1, 2008