Check out some available loans that are similar to this one!
Mariam
Meet Mariam, a 39-year-old married mother of four who started selling clothes from her house two years ago to support her husband in covering their family's increasing living expenses. She used to work as an accountant, but her low income forced her to start her own business.

Still working hard to develop her enterprise properly, Mariam has requested her second loan from Kiva's field partner Al Majmoua to pay for her children's school tuition fees. A borrower in good standing, she plans to open her own clothing shop in the future so as to increase her income and improve her family's living conditions.

Additional Information

More information about this loan

This loan is part of Al Majmoua's efforts to finance school expenses such as books, stationary, transportation and fees for students whose families have low incomes. Funds can be used for partial or complete payment of school expenses. By supporting this loan, you're enabling access to education for students with limited options.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    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 Mariam to pay for her children's school tuition fees.
40% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2014
Listed
Aug 5, 2014
Currency Exchange Loss:
N/A