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Afifa
Afifa is a 29-year-old married mother of four children, and she works hard with her husband to provide them with the best education and living conditions.

Afifa started her small sized wholesale trade a year ago. She sells sunglasses, accessories and Brazilian gold. Her business is developing gradually, and she is working hard to keep it up-to-date to attract more customers. Today Afifa is applying for a youth loan from Kiva partner Al Majmoua to increase her merchandise capital with a new released collection.

Her business is located at home. As for the future, she will work hard to move it to a bigger shop, and she is willing to register a new company specializing in importing and selling Brazilian gold to more people.

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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,091,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Afifa to increase her merchandise capital with a new released collection.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 27, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014