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Fadia
Fadia is a forty-eight year old widowed woman, living with her three children in Saida, Southern Lebanon. Fadia has owned a gift shop since 2004. To develop her business, she added a new product to her business, which is decorating artificiA. flowers, straw baskets, and handmade colored vases.

Fadia requested a loan from A. Majmoua, in order to buy new products such as silver trays, table decoration cloths, artificiA. flowers and home decorating accessories. She believes that as much as you give your business you will get back; her hope in her work can’t be described in words since it’s the only source to stand up and raise her little family on her own. Fadia is very talented in her business and seeks new opportunities all the time.

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
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Fadia to buy new products for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Jul 22, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011