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Taghreed is a 28-year-old married mother of one child. She has been working in manufacturing and selling special perfumes since three years ago. In March 2013, she started her own business inside her house to take good care of her beloved baby, and at the same time, develop her newly established business gradually.

Taghreed is acquiring a Youth loan from Kiva's partner, Al Majmoua, to increase her business merchandise by adding special released essences that will help her develop her business in a well managed way.

Taghreed is well known in her region by her good reputation and the hard work she puts to support her husband in their living. She hopes that in the future, she'll be capable of opening a wider perfume shop outside her house.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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

  • $15,800
    Average annual income
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Taghareed to increase her business merchandise by adding special released essences to develop her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 30, 2013
Nov 3, 2013
Currency Exchange Loss:
Sep 17, 2014