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Sawsan
Sawsan is a 36-year-old married woman, mother of three children, who worked hard to help her husband in raising them. She is a very hardworking woman. She started her small business selling shoes and clothes in 2011 and is improving it as much as she can to help her family's living. Sawsan has improved her business through four loan cycles with Kiva partner Al Majmoua. She Is a borrower in good standing. With the requested loan, Sawsan will increase her autumn-winter collection to provide her customers with a variety of clothes that are suitable for the present and coming seasons. She hopes to expand her business more and more and to open a new shop with very attractive decoration, and with new quality of products and new customers.

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
  • 136
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Sawsan to increase her autumn/winter clothing collection.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
N/A
Ended:
May 17, 2013