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Sawsan
Sawsan is a 23 year old woman who lives in Bint Jbeil, southern Lebanon. Sawsan has owned a clothing shop for over a year. She sells scarves and clothes for veiled women. She has requested a loan from Al Majmoua in order to purchase merchandise for her shop. This is the first time that Sawsan has requested a loan.
Sawsan does her best to suit her client’s needs. Her clients are women from her region. Sawsan decided on doing her business because of her experience in sales since she used to work as a saleswoman before she opened her shop.When she first started her business, she didn’t have enough cash to diversify her merchandise. In the future, she plans to keep improving her business.

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Sawsan to purchase merchandise for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2009
Listed
Dec 12, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010