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Mariam
Mariam is a 22-year-old single woman who has been working as a mobile hair dresser for four years. She supports her six other family members for whom she is the only breadwinner. She has to make sure that her business is strong enough to cover their needs.

Mariam is applying for a YOUTH loan from Kiva's partner Al Majmoua to buy a car for her business development. She will use it to go from one customer's house to another.

She also expects customers at her house. Her business is based on well-organized time management which helps her reply to customers' needs.

She hopes that one day she can open her own beauty salon and serve her customers at any time.

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

  • $15,800
    Average annual income
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mariam to buy a car necessary for her business development.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014