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Safaa
Safaa is a thirty-three-year-old married woman and mother of three children. In 2008, she opened a grocery store in her town. She decided to open her shop because she saw a need for such services in the region. The additional income she earns from the shop supplements her family’s other earnings, which altogether pay for their family's expenses. She offers food products, dairy products, breads, cereals, drinks, canned food, bread, candies, and more products to her clients.
Today, Safaa is requesting a loan to purchase merchandise to stock her shop in the hopes that this will increase her sales and, therefore, her income.

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
  • 64
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Safaa to purchase merchandise to stock her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 26, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2011