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Saada is a 43-year-old single woman, living and working in Ain. Saada opened a grocery store three years ago to secure her living and to prove to her neighbors that a single woman can make her own living through a small business, that by her enthusiasm and hard work she can turn to a very important business that can provide her with life’s necessities, in order not to ask for others' help since the government doesn’t take any interest in elderly people. So, Saada is thinking about her future life, and how she has to make her own living.

That’s why she requested a loan from Al Majmoua-Kiva partner, in order to increase her shop’s merchandise with the necessary autumn-winter products highly requested during these seasons, since transportation in these two seasons becomes hard, so most villagers prefer to buy from a nearby grocery shop than heading to a faraway mall. This helps in improving her business during these season and it’s almost the same during the summer season since most of the citizens come to spend the summer season in their beloved village.

Saada hopes to expand her business more and more in the future. She hopes to keep her shop updated with all newly released products.

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
  • 148
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Saada to expand her shop’s merchandise.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Sep 30, 2011
Oct 24, 2011
Currency Exchange Loss:
Dec 15, 2012