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Suzan
Suzan is a 36-year-old married mother of two children. She has been employed at a furniture-selling company since February 2013, with seven years of experience in her domain.

Her low salary forces her to acquire a loan from Kiva partner Al Majmoua, to pay for her children's unexpected additional school tuition fees.

She is very anxious about this loan and is working hard to establish her own business one day to develop and improve her family's living conditions.

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Suzan to pay her children's tuition fees.
86% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2014
Listed
Feb 18, 2014
Currency Exchange Loss:
N/A