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Fatima is a 47 year old single woman who owns a grocery shop. She does not have a husband or a son to take care of her, and she did not want others to pity her, so she started this business 4 years ago as a good source of living.

Fatima has been an Al Majmoua borrower for two cycles. Her previous loan was very impressive. It reflected positively on her business development and on the product diversity in her store. She is requesting a new loan to fulfill her customers' needs and meet their requests. She wants to keep her shop filled with every thing they need, all the time, to keep them loyal to her and to emphasize the continuity of shopping at her shop. Fatima will work hard on expanding her business, and hopes to start wholesale trade 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

  • $15,800
    Average annual income
  • 134
    View loans »
    Lebanon Loans Fundraising
  • $17,345,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Fatima to increase her merchandise for the summer season and upon her customers request.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jul 26, 2011
Aug 29, 2011
Currency Exchange Loss:
Sep 15, 2012