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Abir
Abir is 37 years old, married, and has three children. She operates a convenience store, which she started in May 2013. She sells special Turkish plastic household needs with encouraging prices. Abir is well known in her region with a good reputation and special customer service.

Abir is requesting a loan from Al Majmoua, which she will use to increase her business merchandise with special Christmas items and newly released products that will attract customers' attention and increase her business income. She will also add a special front glass display to improve her store and use every section of it to display new items. She hopes to work on developing her business and to open a supermarket and a special plastic items shop in the future, 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
  • 64
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    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 Abir to purchase ispecial Christmas items and newly released products.
88% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2013
Listed
Dec 11, 2013
Currency Exchange Loss:
N/A