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Sabah
Sabah is a 54 year old widow woman who lives in Beirut, capital of Lebanon. Sabah has owned a grocery store since 2009. She sells canned food, candies, cleaning products, shampoos etc… Sabah requested a loan from Al Majmoua in order to purchase merchandise for her store. Sabah has been a microcredit client for eleven years now and has always paid on time. Sabah is special in her work because she knows how to treat her clients. Her clients are her friends and neighbors. When she first started her business, she had to face some financial issues. Sabah decided on doing her business because of her networking in her region. In the future, she plans 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

  • $15,800
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Sabah to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011