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Souhaila
Souhaila is a 47-year-old married woman living in Tyre with her husband and three children. She opened a grocery store two years ago to help her husband in covering their expenses and to improve their living conditions. Souhaila works hard to improve her business, buying products with special offers most of the time. She has requested a loan from Al Majmoua-Kiva partner in order to increase her business capital and to pay for her daughter's medical surgery. Her customers are relatives, neighbors, and friends. She's honest and a woman with good customer service. She hopes to expand her business more and continue providing healthy living to her family.

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

  • $15,800
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Souhaila to increase her business capital and pay for her daughter's surgery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012