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Hayfaa
Hayfaa is a 59-year-old married mother of one child.

She has long experience in running a convenience store. It was established 44 years ago, and she has been managing it for a long time.

Hayfaa is a hard worker, well known in her region for her good reputation and the special services she provides.

Today, she is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise with special-offer products, especially cold beverages for the coming spring and summer seasons.

She hopes that one day she will turn her convenience store into a wholesale business and expand her working sector.

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

  • $15,800
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Hayfaa to increase her business merchandise.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 23, 2014
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015