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Saada
Saada is a 31 year old Lebanese entrepreneur. She is the mother of four children. In 2004, she decided to open a grocery store in her town. Saada also sells antiques items like vases, sculptures, watches and other decorative items. She also offers food products, breads, canned food, beverages, candies and other products to her clients. Saada decided to open her shop because she wanted to have independent work and to supplement her family's income. Her clients are her friends and family members. She says that she has competitive prices and her customers feel comfortable buying from her.
For the first time, Saada is requesting a loan to purchase merchandise for her store in the hope that it 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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Saada to purchase merchandise for her store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Jun 11, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011