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Tamam is a 44-year-old married mother of five children. She has been selling clothes since 2007. Her business is going just fine, but she needs additional financial support to make sure that it will develop properly.

Tamam is requesting a loan from Kiva partner Al Majmoua to increase her business merchandise by buying a new clothing collection for this coming season. She and her husband run the same business, which is why they have to develop it properly to make sure that their one income source is enough to cover their family's needs and sudden requests.

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

  • $15,800
    Average annual income
  • 148
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Tamam to increase her business merchandise by buying a new clothes collection.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 15, 2013
Aug 20, 2013
Currency Exchange Loss:
Jul 17, 2014