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Zakya, a 43-year old entrepreneur from Lebanon, is married and has four children. The operator of a shoe store since 2007, she has developed a broad customer base that includes friends, neighbors, and professional contacts. Zakya is extremely proud of her work and believes that it is her experience that has helped her succeed.

She learned about Al Majmoua through the local loan officer and has proven to be a good standing borrower and a smart businesswoman. Now requesting her second loan from Kiva partner Al Majmoua, Zakya is planning to purchase a collection of new shoes and in the future hopes to further expand her business.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Zakya to purchase new shoes to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 7, 2011
Jul 3, 2011
Currency Exchange Loss:
Oct 15, 2012