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Hayat
Hayat is a 43-year-old widow who lives in Tyre, southern Lebanon with her child. She has owned a grocery and clothing store since 1996. Hayat sells clothes, food and candy. She requested a loan of $500 US Dollars from Al Majmoua in order to reimburse her debts. This is her second cycle and she has always paid on time. When she first started her business, she didn’t have enough cash, but now, the loans have been helping her improve her income. In the future, she plans to purchase more merchandise for her shop.

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.

About Lebanon

  • $5,900
    Average annual income
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,334,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Hayat hayat needs the loan to reimburse her debts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2008
Listed
Dec 17, 2008
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010