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Fatima
Fatima is a 30-year-old married woman and mother of three children. She started her own business three years ago to support her family and help her husband meet their needs.

Fatima sells accessories, perfumes, cosmetics and clothes. Now she is intending to expand her business and add a toys sector in addition to selling all bridal needs from lingerie to many other requested things, through a youth loan she applied for from Kiva partner Al Majmoua.

Fatima is well-known in the region and works hard to reply to most of her customer's needs all at the same time. Fatima intends to expand her business more and more in the future to attract more customers.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 104
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Fatima buy toys and bridal accessories.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013