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Souad
Souad is a 48-year-old married woman, who has been working as a tailor since eight years ago.
She is a hard worker, well known in her region with a good reputation and special talent in her business. Souad works hard to support her husband in their living, to make sure that they'll have a secured financial living in the future while aging with each other.
She is acquiring a loan from Kiva partner Al Majmoua, to buy necessary tailoring machine and tailoring needs that will help her in developing her business and replying to her customers' Christmas needs in a faster way since her current machine isn't working well anymore.
She hopes to expand and develop her business more and move it outside of her house to give both her husband and customers the privacy they deserve to have.

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

  • $15,800
    Average annual income
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Souad to buy necessary tailoring machine and tailoring needs that will help her in developing her business and replying to her customers' Christmas needs more quickly since her current machine isn't working well anymore.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 4, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015