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Zeinab
Zeinab is a 38-year-old married mother of five, who has been running her shoe selling shop for a year since she decided to start this business to assist her beloved husband with their family's income and to cover their increasing living expenses.

Zeinab sells shoes, bags, beauty products and accessories. She is acquiring a loan from Kiva's field partner Al Majmoua to increase her business merchandise with the newly released special summer collection to cover her customers' special requests, and develop her newly established business in a well managed way.

Zeinab hopes that she can work on developing her business more by moving to a wider shop in the future.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,824,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,300 helped Zeinab to increase her business merchandise with the newly released special summer collection to cover her customers' special requests.
53% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
N/A