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Samia
Samia is a 61 years old widowed woman, mother of two children and owner of a grocery store since 1998. Samia has the responsibility for her children since their father died. She works hard to be provide everything they need. Samia is requesting a loan for the fourth time from Al Majmoua, in order to increase her merchandise, in addition to paying the school fees of her grandson. The previous loans were only for improving the business, and she was a client in good standing and pay back history. Samia hopes to expand her business, in order to provide herself and her family with a secure living in the future.

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
  • 75
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Samia to increase her merchandise and pay the school fees of her grandson.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Nov 30, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012