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Zeinab
Zeinab is a 32-year-old married woman and mother of three children. Five years ago, she opened up a convenience store selling a variety of foodstuffs, soft drinks, kitchen utensils and detergents. Over the years, Zeinab expanded her scope of work and increased her revenue generation by adding clothing to her offerings.

Zeinab is applying for a loan from Kiva's Partner, Al Majmoua, which she will invest in increasing her supplies of foodstuffs and apparel. She will specifically focus on women's and children's clothing which seem to have high demand in her area. With the availability of the necessary capital, Zeinab will be able to employ her trade knowledge, experience and good reputation to achieve her business expansion and growth plans.

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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Zeinab to increase her supplies of foodstuffs and apparel.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013