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Hiyam
Hiyam is a 41-year-old mother of two children who has worked as a tutor for seven years to help her husband in making their living and covering their precious children's needs. Hiyam works from her house. She tutors children at home and provides them with the necessary reinforcement lessons.

She is acquiring a loan from Kiva partner Al Majmoua to buy necessary carpets and curtains for her house to keep her beloved family warm and healthy during the coming winter. She is very happy and comfortable with her small business since she runs it from her house and provides her family with the necessary care.

She hopes that, in the future, she can open a special tutoring center and increase her students to make sure she can provide her children with special university degrees and be capable of covering their expected expenses.

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
  • 94
    View loans »
    Lebanon Loans Fundraising
  • $15,281,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hiyam to buy necessary carpets and curtains for her house to keep her beloved family warm and healthy during the coming winter.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2013
Listed
Dec 16, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014