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Souheila
Souheila is a 50-year-old married woman, mother of three children. She has been working at preparing and selling her special handmade accessories for four years. In 2010, she started working on her own, and today she has opened her own shop to increase her income and expand her sales. She has a special talent in her domain, well known in her region with her special creations and prices.

She is applying for a loan from Kiva's partner Al Majmoua for the first time, in order to make a front glass display for her shop and to increase her inventory with special creative products, that will help her in designing more accessories.

She hopes to expand her business more as well as her workshop, and increase her production to reply to different customer needs.

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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Souheila to make a front display for her shop and increase her inventory with special creative products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014