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Tami
Tami is a 28 year old married woman and mother of two children. Tami has been working as a hairdresser for three years. In 2010, she started her own business to improve her family's living.

Tami is a hard worker. Because she manages her business from her house, she can take good care of her family members at the same time. She also works as a tutor to increase her income.

Tami is applying for a youth loan from Kiva partner Al Majmoua to buy new furniture and tools to please her customers in a more relaxing atmosphere. This is Tami's first experience as an Al Majmoua borrower. She is planning that with future experience, she will invest in moving her hairdressing business from her house to a special beauty salon in a very important region.

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

  • $15,800
    Average annual income
  • 36
    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 Tami to buy necessary furniture and tools for her house to make a relaxing situation for her clients.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 30, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013