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Aziza
Aziza is a 48-year-old, married mother of three children. She has been working in arranging and selling artificial flowers, in addition to gifts, since twelve years ago. Her husband is a farmer, and their combined, low income isn't enough to cover their additional, unexpected needs. That's why she applied for a loan from Kiva's partner, Al Majmoua.

She will invest the loan in their land's restoration and in buying requested fertilizers, to help her husband in developing his farming business. This investment of the loan will help them improve the productivity of their farmland, which will positively affect their socioeconomic situation. Two of their children work in order to cover their own needs. Aziza and her husband are working hard to help their third child to finish his university degree. They put much hope in this child's education, since Aziza had the chance to reach the intermediate level unfortunately.

Aziza hopes to develop her own business and start decorating weddings, in the future.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,334,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Aziza to restore their farmland, which her husband works, and to buy fertilizers, improving the land's productivity.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014