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Zahra
Zahra, 39 years old, lives in the South of Lebanon close to Tyre. She is a young married woman and the mother of three. Her children describe her as a courageous mother. Zahra owns a cosmetics shop. She needs an amount of USD 1,200 to replace her old car. Her car is an important tool for her business, as she travels a lot to find new products or better deals from suppliers. This is the second time that Zahra has requested a loan from Al Majmoua [Kiva’s Field Partner]. She successfully repaid her previous loan on time.

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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,295,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Zahra purchase of a new car to replace the old one.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 3, 2008
Listed
Aug 18, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009