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Fatima
Fatima is a 57 year old woman who lives in Nabatieh, southern Lebanon with her husband and their three children. Fatima has owned a grocery store for ten years. She requested a loan of 3000 US dollars from Al Majmoua in order to purchase merchandise for her store. This is her third loan cycle and she has always paid on time.


Her previous loans helped her improve her store by diversifying her merchandise. Fatima is special in her work because she knows how to treat her clients. Her clients can be anybody. When she first started, she didn't face any problems. However, after the 2006 war, her store was destroyed. In the future, Fatima plans to improve her 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

  • $5,900
    Average annual income
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Fatima purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2009
Listed
Mar 21, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010