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Marie Therese
Marie Therese is a 34-year-old married lady who has been working from her house for eighteen years preparing and selling handmade crafts and special occasion souvenirs for her living. She loves her business a lot and works hard to develop it by releasing new items and themes where she works to attract the customers' attention so that they will request more.

She is acquiring a loan from Kiva partner Al Majmoua to increase her business tools and necessary souvenir needs and be able to use new released themes and designs. She hopes that one day she will be capable of affording to open her own handmade souvenir shop that will attract more customers and develop her business widely.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Marie Therese to increase her business tools and necessary souvenir needs and be able to use new released themes and designs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 28, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014