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Vivian
Vivian is a 28-year-old single woman who has worked selling used clothes and shoes since 2007 to make her living. Such business is highly requested in her area because of the villagers' weak purchasing power. Vivian is very smart to open such a business because she knows her customers' needs and expands her business upon their requests.

Vivian applied for a YOUTH LOAN from Kiva partner, Al Majmoua, in order to buy a special used clothes collection to increase her capital.
This is her fourth cycle as an Al Majmoua borrower, All of her previous loans helped a lot in improving and expanding her collection. She is working hard to manage her business more and more and to keep on responding to her customers' needs and requests, especially on special occasions and new season releases.

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

  • $5,900
    Average annual income
  • 76
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Vivian to buy special used clothes collection to increase her capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013