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Aliyah
Aliyah is a 56-year-old married mother of seven children who has been working in selling women's clothes since five years ago. In January 2010, she opened her current shop to develop her business and improve her family's living.


Aliyah is an important financial supporter to her family. She is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise with a newly released autumn and winter collection, especially before the Holy Christmas and New Year's celebrations.


This is her second experience as an Al Majmoua borrower. Her previous loan was invested in increasing her business capital, which reflected positively on her business development and her family's socioeconomic situation.


She hopes to keep on being capable of developing her business and responding to her family's needs.

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Aliyah to increase her business merchandise with a newly released autumn and winter collection.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2013
Listed
Nov 30, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014