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Mariam
Mariam is a 39-year-old divorced mother of two children. She puts great effort into developing her business to make sure that she'll stay capable of responding to her children's needs. In 2007, she opened her own business where she sells women's shoes, clothes, bags and accessories.
She is a hard worker, well known in her region for the good quality she sells and the competitive prices and offers she sets.

Mariam is acquiring a loan from Kiva partner Al Majmoua, to increase her business merchandise with a special winter collection. Mariam is working hard to make sure that she can respond to her children's needs and do both mother's and father's role, since she's the only person responsible for their living at the present time. She hopes to keep on developing her business in a well managed way.

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
  • 104
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    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 increase her business merchandise with special winter collection.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 25, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015