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Latifa
Latifa, a 51-year-old married mother of three children, has owned a grocery store since 2006, and most of her clients are neighbors, friends and relatives.



Working hard on expanding her business, Latifa has applied for a loan from Kiva partner Al Majmoua to increase her merchandise stock with special detergents and requested items. She is putting much hope in this loan because she believes it will help her provide her customers with most of their needs.



Latifa hopes to expand her business more in the future to fulfill all of her customers' needs.

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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Latifa to increase her merchandise stock with special detergents and requested items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2012
Listed
Feb 13, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013