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Fatina
Fatina is a 33-year-old married mother of two children. She has been working as a hairdresser from her house for 13 years. She is also employed at a beauty salon for additional income to improve her family's living standard.
Fatina provides special beauty services to some customers in their homes. That makes having a car a must in order to serve those customers. She is acquiring a loan from Kiva partner Al Majmoua, to register her car so that she can go to several nearby villages easily and safely.
She hopes to open her own salon in the future and provide several beauty services to her customers.

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.

About Lebanon

  • $5,900
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,832,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Fatina to register her car to develop her business providing beauty services to her customers in their homes.
83% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2014
Listed
May 12, 2014
Currency Exchange Loss:
N/A