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Kolthoum
Kolthoum, a 46-year-old married mother of three, has been working in agriculture since 1989. Two years ago she started her own business to help her husband increase their family income to ensure their children will have their needs met. A hard worker who grows fruits and vegetables, Kolthoum is very happy with her production and business.



Kolthoum is requesting her second loan from Kiva partner Al Majmoua to prepare for the planting season with necessary seeds and fertilizers. Her previous loan helped increase her production, and she is sure that this new one will have the same effect. She puts a great deal of effort into expanding and increasing her production as much as possible.

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

  • $5,900
    Average annual income
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Kolthoum to prepare for the planting season with necessary seeds and fertilizers.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014