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Saada is a 39-year-old woman who lives in Bekaa with her husband and their four children. Saada has owned a grocery store since 2001. She sells all types of canned food, pasta, home cleaning products, beverages and more. Saada requested a loan from A. Majmoua in order to purchase merchandise for her store. This is her third cycle and she has always paid on time.

Saada is speciA. in her business because she knows how to treat her clients, and she has a good reputation. Her clients are her friends and neighbors. When she first started her business, she didn’t have a lot of merchandise. Saada decided on doing her business to supplement her husband’s income, and she always wanted to open a shop for herself. In the future, she plans on expanding her work.

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 $1,000 helped Saada to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 20, 2009
Dec 12, 2009
Currency Exchange Loss:
Dec 15, 2010