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Juliette
Juliette is a 51-year-old widow, mother of six children. A year and a half ago, after her husband passed away, Juliette started her own business, specializing in embroidery, souvenirs, and clothes.

Her main aim was to cover her family's needs, especially her children's education fees which are very important to her since she had the chance to reach the intermediate classes because of her family's financial situation. Her business is going just fine, although she has a short period in the market, but she proved to be skillful in her domain, which attracts customers' attention.

Juliette is applying for a loan from Kiva's partner, Al Majmoua Lebanese Association for Development, to change her shop's decorations, to keep it attracting customers' attention. She might also use part of the loan to buy necessary embroidery needs to expand her business.

She hopes that, one day, her customers will increase, which is the main target she is working on achieving, and then move to a larger shop in the future.

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

  • $15,800
    Average annual income
  • 43
    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 Juliette to change her shop's decorations.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014