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Samia
Samia is a 49-year-old married mother of two children. She works as a school's principal. She is a hard worker with 15 years of experience in this field. Samia is acquiring a loan from Kiva partner Al Majmoua to pay her son's requested school fees. Her husband’s low income isn’t enough to cover their family’s needs; that’s why she finds herself responsible to financially support her husband for the family’s increasing needs and requests.

Samia’s only hope for the future is to see her son highly educated.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 85
    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 $1,500 helped Samia to pay her son's requested school fees.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Oct 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015