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Fatima
Fatima is a 30-year-old single woman who has been selling clothes for a year and a half. Her business is developing but needs an external financial push in order to better meet customer needs, especially since Fatima is new in the market.

For this reason, Fatima applied for a YOUTH LOAN from Kiva partner Al Majmoua in order to increase her merchandise with special spring/summer collections. Fatima hopes to keep working hard, increasing her business capital, and developing her social and financial situations. In addition to selling clothes, Fatima also specializes in repairing clothes, which provides her with added income.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Fatima to increase her merchandise with special spring/summer collections.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Mar 10, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014