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Hiyam
Hiyam is a 44 year old woman who lives in Bourj el Barajneh with her husband and their three children. She has been working in handicrafts for ten years. She sews wedding dresses and bridA. parties’ dresses. Hiyam does very good work and has good relationships with her clients. Hiyam decided on doing her business to improve her family financiA. situation. In the future, she plans on expanding her business.
Hiyam has requested a loan of 1000 US dollars from A. Majmoua to purchase more merchandise for her work and to register her car. This is the first time that Hiyam has requested a loan.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hiyam to purchase merchandise and to register her car.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2009
Listed
Jan 26, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010