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Fatima
Fatima, a 33-year-old married mother of three, has been working in her husband's convenience store for two years now. He husband opened the store in 2008, but due to his family's increasing needs he opened a small car-washing service to earn more income. Since that time, Fatima has been developing the convenience store to meet customer needs and requests.



Fatima's work is going on just fine, but she is now requesting a loan from Kiva partner Al Majmoua to help her husband in his business through the purchase of special car oils and a special oil suction machine to develop his business. This will be Fatima's second loan from Al Majmoua; her previous loan was invested in developing her store, and it reflected positively on her family's socioeconomic situation.

She hopes to keep on responding to the needs of her family and customers and continue to develop her and her husband's businesses.

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
  • 70
    View loans »
    Lebanon Loans Fundraising
  • $15,673,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fatima to help her husband in his business through the purchase of a special oil suction machine and special car oils to develop his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014