Update on NouhaNouha is a 40 year old married woman, and mother of 2 children. She has worked as a tailor since 1996. This long experience gives her customers' trust and confidence, and her shop is improving through renewed loan cycles applied for and invested in her business from Kiva partner A. Majmoua. This is her eighth cycle as an A. Majmoua borrower, all with very positive effect.
Her clothes selling is improving too, and this is all because of the trust she has gained from her customers. Her good standing and history of paying back, encourages A. Majmoua to reply to her requests without hesitating.
Nouha very much enjoys sewing and running a shop, and also finds the contact she has with her customers very rewarding. Since beginning her business, Nouha has built up a large number of clientele, whom she insists on treating as her precious treasures.
Previous Loan DetailsNouha is 39 years old and married with 2 children, living in Saida, in the south of Lebanon. She is a seamstress & has a shop where she sells clothing. Nouha began her business in 1996 and has had a previous loan through A. Majmoua, maintaining a strong repayment history. Nouha found her p... More from Nouha's previous loan »
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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