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Salma
Salma is 27 years old and lives in Tripoli, Lebanon. She owns a shop where she sells women’s clothing, such as dresses, skirts, t-shirts, tops and accessories. She has applied for a loan from Al Majmoua to buy merchandise for the winter season and the holidays. Salma has been a microcredit client for the last five years and has always paid back her loans on time. Previous loans helped her improve her shop by diversifying her supplies and meeting the needs of more customers.

Salma is popular because she has lots of experience and treats her clients well. Many are friends and neighbors. When she first started her business, she had difficulty securing supplies, but her business has done well and she is committed to continue expanding it.

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
  • 65
    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 $2,500 helped Salma to buy winter and holiday merchandise to sell to her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010