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Salwa
Salwa is a 36-year-old single woman who has been working since 2006 in a convenience store, which she has developed over time. She has started a small snack stand as a part of the store, which she loves a lot and is working hard to improve. Thus today she is applying for a loan from Kiva partner Al Majmoua in order to make small changes to her shop. She will put in a new aluminum and glass door frame, a table for the snacks, and she will increase her stock of merchandise.

Salwa is trusted and supported by all of her customers, and she loves to serve them as well as she can. Her shop is located in a Palestinian camp, and she is very happy that she serves her customers in a very pleasant way.

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Salwa to put in a new door frame and a table for snacks in her convenience store, and to buy more merchandise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013