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Zahra
Zahra is a 66-year-old married woman, and mother of two children. She has been working at her convenience store since 1996. Zahra is a hard worker who has been working to make sure that her family is getting what they need, and at the same time fulfilling her customers’ needs.
Zahra is well known in the region because of her good reputation and hard work. Today she is applying for her 12th loan cycle from Kiva's partner Al Majmoua, who has been the main supporter in helping her to expand her business and secure its continuity. Zahra's previous loans were used to add new products to her business, the same reason why she is applying now. She will invest it in increasing her merchandise with special spring and summer beverages.
She hopes to keep on supporting her family and developing her business at the same time.

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Zahra to increase her merchandise with special spring and summer beverages.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014