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Siham
Siham is a 42-year-old married woman living in Tripoli with her husband and one child. Siham is the owner of a clothing store where you can find clothes for most family members, such as for women and babies, plus she sells lingerie. This is Siham’s second time to request a loan from Al Majmoua. She proved to be a good person with big ambitions. Now Siham is requesting a loan in order to buy new collections for the summer and holy season. Her first loan was requested to improve her work and to add the babies clothes to her business. At the beginning, Siham started her business with the help of her husband; now Siham can manage her own business and help in improving her family’s income and situation.

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
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Siham to buy new collections for the summer and holy season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011