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Fatima
Fatima is a 44-year-old divorced mother of three children. She sells candies, coffee, and tea to financially support her family. Fatima is solely responsible for her children. She has a short experience in this domain, almost one year, but she has proven to be skilled in what she does.

She is acquiring a loan from Kiva partner Al Majmoua to buy a freezer, an oven, and increase her business merchandise with special delights to improve her business. She is also planning to start making sandwiches and selling them as an additional income.

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
  • 74
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fatima to buy a freezer, an oven, and increase her business merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014