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Mariam
Mariam is a 45-year-old married woman, mother of five children. She opened a grocery store in 2008 to help her family in improving their income. Mariam has 14 years of experience in this field and is well known in the region. Her convenience store is well known in the region, because she has worked hard to keep it well stocked with almost all of the customers' needs.

Mariam is applying for a loan from Kiva partner Al Majmoua, in order to buy special requested products for summer and the Ramadan period. This is Mariam's second cycle as an Al Majmoua borrower; her previous loan helped a lot in improving her business, in addition to her family's situation.

She is working hard to keep on expanding her business categories and adding newly released brands to keep her customers satisfied.

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
  • 72
    View loans »
    Lebanon Loans Fundraising
  • $15,030,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,000 helped Mariam to buy specially requested products for summer and the Ramadan period.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 11, 2012