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Firyal
Firyal has been selling shoes and bags for a year now. She is a 38 year old single woman. Firyal is always trying improve her shop with the latest collections to attract more clients. She is asking for a loan to purchase the new summer collection of shoes and bags for her shop in order to attract more clients and increase her income. Her clients are her friends, neighbors and also tourists visiting the region. When she first started, Firyal didn't have enough cash to purchase and offer a wide variety of products. However, now she is hoping that the loan will help her expand her stock and increase her income.

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

  • $15,800
    Average annual income
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Firyal to purchase shoes and handbags for sale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jun 12, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012