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Saadeh
Saadeh is a 31 year old woman living in the South of Lebanon in the village of Al Hibarieh. Saadeh owns a small beauty shop where she provides hairdressing and make up services, and she is also a good tailor who proposes sewing services in the village. She is her family's head of house and financially provides for her retired parents as well. Saadeh is very dynamic in the village community and is part of the local women's association. She would like a $1200 loan to purchase new equipment and to make aesthetic improvements to her salon.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Saadeh saadeh would like to purchase new equipment and make aesthetic improvements to her beauty salon.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 5, 2007
Listed
Sep 20, 2007
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2009