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Silvana
Silvana is a 42 year old woman who lives in Bint Jbeil, southern Lebanon. Silvana has been selling scrap metal for two years. She requested a loan from Al Majmoua in order to purchase merchandise for her shop. This is the first time that Silvana has requested a loan.
Silvana is talented in her work because she does her best to suit her clients' demands and is very friendly. Her clients are people from her region. When she first started her business, she had some financial issues and didn’t have all the material needed for her sales. Silvana decided on going into this work because it was her family’s business. In the future, she plans to keep on improving 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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Silvana to purchase merchandise for her shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2010
Listed
Feb 3, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011