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Silva
Silva, a 39-year-old single lady, has been working in the beauty business for 12 years to cover her family's living expenses; she is responsible for supporting three family members.

Silva is a talented beauty expert who works hard to keep on developing her business in order to meet both her customers' needs and her family's living requirements. She is now requesting a loan from Kiva's field partner Al Majmoua to buy a tattoo machine to further develop her business.

Silva hopes to keep on developing her enterprise and meeting 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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $15,091,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,800 helped Silva to buy a tattoo machine that will develop her business through the diversified services she provides to her customers.
60% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2014
Listed
Jul 16, 2014
Currency Exchange Loss:
N/A