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Mariam
Mariam is a 59-year-old married woman with five children. She and her husband sacrificed their lives to provide their children with good lives. Mariam is a hard worker who insisted on working outside of her home ten years ago. She prepared and sold Mouneh (preserved food) to help husband, a school teacher, increase their income and improve their living to meet their children's needs.
In 2011, Mariam opened a convenience store, which was a very important step in improving her business. She sells sweets, candies, conserves, soft drinks, and chips, as well as her homemade Mouneh.
Today Mariam is applying for her first loan from Kiva partner Al Majmoua in order to expand her selection of offerings with special cereals.
She hopes to continue to expand her business to better meet her customers' needs.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mariam to expand her selection of offerings with special cereals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014