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Mariam
Mariam is a 25-year-old married woman and the mother of two children. For the past five years she has sold clothes to help cover household expenses. Last year she started selling clothes on her own from her home. She is a hard worker with a good reputation and is well known in her area for her excellent customer service.


Today Mariam is applying for a 800 USD Youth Loan from Kiva partner Al Majmoua in order to buy a new collection of clothes as well as various accessories, perfume and makeup so as to increase her income and develop her business as much as she can.


Mariam hopes to keep on expanding her business as much as she can so she can afford to open her own shop in the future.

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
  • 71
    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 $800 helped Mariam to buy a new collection of clothes as well as various accessories, perfume and makeup to sell.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014