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Wisam
Wisam is 38 years old and single. For the past five years, she has worked selling cotton clothes, lingerie, pajamas, and blankets. Wisam works hard to continually improve her business. She is a woman who likes to prove to others that she is capable of handling all the obstacles she might face running her business.

During the past five years, Wisam has introduced her customers to different items season after season. She is requesting a loan from the Kiva partner Al Majmoua to expand her bridal lingerie and underwear department. In the future, Wisam hopes to open a large specialized wedding shop.

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
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $15,673,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Wisam to purchase bridal lingerie and underwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012