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Suzan
Suzan is a 30-year-old married Palestinian refugee and a mother of 2 children. Sixteen years ago, she opened a convenience store inside the Palestinian camp where she lives with her family, just like most of the Palestinian Refugees living in Lebanon with limited access to many working sectors. She sells candies and canned foods, and many other food supplies. She is her family’s sole breadwinner, that’s why she has to work hard and keep on improving her business to make sure it’ll develop to continue to meet her family’s increasing needs.
She is acquiring a YOUTH loan from Kiva Partner Al Majmoua to increase her business merchandise with special goods that will increase her income.
Concerning the future, Suzan is working hard to keep on expanding her business and increase her working capital.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

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About Lebanon

  • $5,900
    Average annual income
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Suzan to increase her variety of merchandise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014