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Zeinab
Zeinab is a 52-year-old married mother of four children who has been running her convenience store for 13 years. A hard worker, she also helps out with her family's agricultural business, selling the dairy products they produce.

Zeinab is acquiring a loan from Kiva partner Al Majmoua to buy special requested items and offer products that will increase her income and meet her customers' needs.

Zeinab hopes that one day she'll be capable of starting wholesale trade which will improve her family's socioeconomic situation.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Zeinab to buy special requested items and offer products that will increase her income and meet her customers' needs.
93% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Dec 8, 2013
Currency Exchange Loss:
N/A