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Faten
Faten is a 25 year old single woman, living and working in Tayouneh. She owns a cosmetics sales shop, and is willing to add new products such as for babies and infants. She opened her business 2 years ago, and is working hard on improving it. Faten is a woman with a good reputation of being honest and a hard worker.

She is requesting a loan for the first time from A. Majmoua, in order to add Disney cosmetics that attract children while visiting her shop with their moms. Faten hopes to expand her business through adding new products, and wants to succeed in this new small step in order to make a wider step soon in the future. Most of her customers are friends and neighbors, and she dreams of opening a bigger shop in the future.

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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Faten to buy children's and infants' cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 8, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012