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Zoubaida
Zoubaida is a 47-year-old divorced woman who is responsible for caring for three members of her family. She has been their sole breadwinner for fifteen years ago. Zoubaida runs her convenience store in a well-managed way, to make sure that she can provide for her family with the necessary standards of living. She has a very good reputation and is well known in her region. Today she is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise with special Christmas and winter needs necessary to reply to customers' increasing requests. She hopes to keep on developing her business through opening a larger shop in the future.

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
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Zoubaida to increase her business merchandise with special Christmas and winter needs necessary to reply to customers' increasing requests.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015