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Myriam
Myriam is a 51-year-old married mother of seven children. She has been running her convenience store for the past ten years to support her beloved husband in covering their family's daily needs.

Myriam is acquiring a loan from Kiva partner Al Majmoua to add special spring and summer beverages to the merchandise she sells. Her business is going on just fine, but just like any small business, it needs additional support to expand and develop properly. This loan will help her to respond to her customers' needs and requests.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Myriam to purchase special spring and summer beverages to sell in her store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2014
Listed
Mar 18, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015