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Samiha
Samiha is a 52-year old married woman. She owns a small market for daily use products, in addition to baking Saj bread.
Samiha opened her store 11 years ago so she has had long experience in this business. She seeks to improve her business through increasing the different types of goods she sells. She wants to add fireworks for Christmas and New Year’s celebrations. She will also start selling toys for children, which is a good step forward.That’s why she is requesting a loan from Kiva partner, Al Majmoua.

Samiha is known for the good quality of products she sells, and good customer service. She aspires to give her customers better quality and prices with the help of the loan applied for, and through expanding her business more in the future.

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
  • 72
    View loans »
    Lebanon Loans Fundraising
  • $15,017,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Samiha to increase her business merchandise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2011
Listed
Dec 4, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013