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Hiba
Hiba is a 29-year-old mother of three children who has been running her convenience store for a year. She is a hard worker who is putting much effort into supporting her husband and beloved family.

Hiba is acquiring a YOUTH loan from Kiva partner Al Majmoua to buy a bedroom for her children.

She is well known in her region with the special prices and quality of products she provides to her customers.

She will continue to work hard to develop her business. In the future she will open a special fruits and vegetables section to fulfill her customers' needs.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

About Lebanon

  • $5,900
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,824,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hiba to buy a bedroom for her children.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2013
Listed
Dec 30, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015