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Sabah
Sabah is 55 years old and married with 3 children. She has been working for the past ten years at a grocery shop which serves her neighborhood and local community. She very much loves her work and is driven to further develop it so that she can support herself and her family. Sabah’s last loan helped her procure more merchandise, and she wanted to seek another one from Al Majmoua to purchase more foodstuffs to sell at her store.
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صباح في عمر 55 سنة متزوجة ولها 3 اولاد تعمل في محل لبيع الخضار والمواد لغذائية لها في عملها 10 سنوات تحب عملها وتريد له التجدد والتطور كي تتمكن من مساندة عائلتها في دعم نفسها وتعليم اولادها لها زبائن من محيطها وجيرانها لكن تنقصها المادة حتى تزيد من مدخول محلها لها تاريخ جيد مع المجموعة حيث ساهم القرض بزيادة البضائع وكانت تلقى الدعم الكامل من العائلة تريد من خلال طلب قرض من المجموعة الى شراء بضاعة جديدة خضار ومواد غذائية لدعم المحل

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
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $15,072,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Sabah to purchase foodstuffs for her store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012