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Fatima
Fatima is 60 years old and married with five children. She lives in the Lebanese Beqaa region where she weaves carpets for a living. She has been doing this for 15 years. She loves her works and loves to teach her children the skill, saying that the art is in danger of becoming extinct in the new generation. With this loan she wants to purchase primary raw materials to support her work and develop it. She is part of a heritage that is facing financial difficulties thereby hindering the development of her business. She is energetic and is always seeking to develop her work so that she may secure a good standard of living for herself and her family.
فاطمه عمرها 60 سنة هي ام متزوجة ولها 5 اولاد تعيش في منطقة في البقاع اللبناني تعمل في حياكة السجاد ولها في عملها 15 سنة تحب عملها تحب ان تعلم اولادها هذه المهنة حيث انها تقول ان هذه المهنة معرضة للأنقراض في بنات الجيل الجديد لذلك تريد من خلال طلب قرض من المجموعة الى شراء مواد اولية لدعم هذه المصلحة وتطويرها حيث انها من التراث تواجه من بعض الصعوبات المادية التي تعيق تطوير هذه المصلحة فهي نشيطة ومتطورة ودائمة العمل حتى تتمكن من تأمين العيش الجيد لها ولعائلتها

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 $1,000 helped Fatima to purchase raw materials for carpet weaving.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
May 10, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012