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Narjes
Narjes is a 32-year-old, divorced woman who started her own home business, selling clothes, to help cover her increasing living expenses. Narjes has four years of experience in her domain and is working hard to develop her business properly, which has given her the skills and experience to successfully manage her business.

Since Narjes's business has been successful lately, she acquired a loan from Kiva’s field partner, Al Majmoua Lebanese Association for Development, in order to increase her current merchandise for the summer, which is her busiest time of year. She hopes that this loan will help increase her sales and allow her to continue growing her 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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Narjes to increase her current clothing merchandise for the summer.
86% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2014
Listed
Jul 8, 2014
Currency Exchange Loss:
N/A