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Fatima
Fatima is a 55 year old widow and mother of 4 children. She started with Al Majmoua in 2003 to help her pay the university tuition fees for her children. Fatima lives in the south of Lebanon, in the region of Saida. She is striving to provide for her family through her tailoring work. She needs to buy a new sewing machine to increase her productivity and better support herself and her family.

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
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fatima to buy a new sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 25, 2007
Listed
Nov 11, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2008