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Fatima
Fatima is a 45-year-old married woman and mother of five children. She has worked as a tailor for 22 years. Fatima rents and tailors women's dresses and her business is expanding upon customer's requests.

Fatima is a hard worker who puts so much effort into improving her business, which is affected by the lack of electricity, and that's why she applied for a loan from Kiva's partner Al Majmoua in order to buy a power generator and a new updated sewing machine.

Both items will increase her business and improve her income. Most of Fatima's customers are neighbors, friends, and relatives. Fatima is planning to develop her business into a big clothing factory.

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fatima to buy a power generator and a new sewing machine.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014