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Zaynab
Zaynab A. H. is 40 years old and lives in Saida, southern Lebanon with her husband and their three children. She has been working in clothing sales for a year. Zaynab has requested a loan of 800 US dollars from A. Majmoua in order to purchase merchandise for her store that will allow her to have a larger collection of clothes. This is the first time that she has requested a loan.
Zaynab hopes that the loan will help her solve her financiA. issues. Zaynab is exceptionA. in her work. She has low prices, as well as diversity and a good quality of clothes. Her clients are friends, neighbors and tourists. When she first started her business, she faced difficulties like knowing the retailers and having a good idea about what was in fashion. She decided to do this type of work because she knows how to convince her clients and she is quite competitive in her business. In the future, she plans to own her own store.

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

  • $15,800
    Average annual income
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Zaynab to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2008
Listed
Jan 2, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010