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Naam
Naam is a 57-year-old widow and mother of three children from Baalbeck. Naam has owned a butcher shop and a bakery for 30 years. She has worked hard to fill the space her husband left to raise her kids. She is both the mother and the father, as her neighbors describe her. Naam is a hard worker and she is requesting a loan from Kiva's partner, Al Majmoua, in order to buy necessary flour and gas to increase her business. Naam hopes to keep growing her business for her 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

  • $15,800
    Average annual income
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Naam to buy flour and gas to increase her business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Dec 23, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012