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Kifah
Kifah is a 37-year-old married mother of two children. She opened a small grocery store, seven years ago, next to her house to support her husband in covering their increasing living expenses.

Kifah used to work as a hairdresser from her house, but she preferred to turn to a daily need income business, and she found out that food is the necessary daily needs.

Kifah is acquiring a loan from Kiva's partner, Al Majmoua, to increase her business merchandise with special summer beverages. That will sure increase her income, since they are already requested by her customers and she is working on acquiring them.

She hopes that in the future, she can improve her financial situation, and open a beauty salon in addition to her current business.

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
  • 139
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Kifah to increase her business merchandise with special summer beverages.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2014
Listed
May 12, 2014
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015