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Fatima
Fatima is a 27-year-old married woman, mother of three children, who works in selling Brazilian gold, creams and beauty products to help her husband make a living to cover their children’s expenses and provide them with the best care they can.
Fatima is applying for a YOUTH LOAN from Kiva partner Al Majmoua, in order to increase her beauty products and creams inventory with special released items.
This will be Fatima's second loan cycle from Al Mjamoua, her previous loan was invested in supporting her business too.
Most of her customers are her neighbors, friends and relatives. She is dreaming of opening a big shop in the near future and expanding her business to attract more customers.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Fatima to increase her inventory of beauty products and creams.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014