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Mariam
Mariam is a 33-year-old married woman and mother of four children. She has been working in cultivation for three years now, planting and selling a variety of vegetables, mainly tomatoes, cucumbers and zucchini. Though Mariam suffered in the beginning due to lack of experience, she succeeded in learning the business and creating a position for herself in the market.

To improve and expand her production, Mariam is applying for a loan from Kiva’s partner, Al Majmoua. She will invest the money in buying a nylon cover for her agricultural tent, a modest version of the greenhouse model. Accordingly, she will be able to plant vegetables all year long, thus generating stable revenues.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mariam to invest in buying a nylon cover for her agricultural tent.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013