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Salma
Salma is a 44 year old woman who lives in Tripoli, northern Lebanon with her husband and their two children. Salma has been working as a seamstress, from her home. She requested a loan from A. Majmoua in order to purchase a new and more modern sewing machine. This is the first time that Salma has requested a loan.
Salma is speciA. in her work because of her experience and her work quality. Her clients are her friends and neighbors. When she first started her business, she didn’t face difficulties. She decided on doing her business because of her experience. In the future, she plans on expanding and opening a sewing 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

  • $15,800
    Average annual income
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Salma to purchase a new and more modern sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2009
Listed
Sep 22, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010