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Samia
Samia is a 31 year old woman who lives in Beirut, the capital of Lebanon, with her husband. She has been selling children’s clothing from her house since 1997. Her clients are her family members, friends and neighbors.

Samia settled on this business because she wanted to be independent in her work and also to supplement her husband’s income. When she first started her business, Samia had some financial issues and couldn’t purchase a lot of merchandise. Now, however, she is special in her field because she owns a large variety of merchandise.

Samia has requested a loan from Al Majmoua in order to purchase more merchandise for her business. This is her third loan cycle and she has always paid on time. In the future, she plans on expanding by opening a 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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Samia to purchase more merchandise for her business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2009
Listed
Nov 22, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011