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Siham
Siham is a 60-year-old widow who has been working in selling women's and children's clothes and underwear to make her living and cover her needs since her husband passed away two years ago. Siham is well known in her region with her special quality and prices. She is acquiring a loan from Kiva partner Al Majmoua, to increase her business merchandise with a special Christmas and winter collection that will fulfill her customers' needs and increase her income.
She hopes to keep on developing and improving her business to make sure that she'll have a financially secure future since she has no one to rely on concerning this matter.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Siham to increase her business merchandise with a special Christmas and winter collection that will fulfill her customers' needs and increase her income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Dec 7, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014