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Sobhiya
Sobhiya is a 63-year-old married mother of one child. She works selling women clothes, underwear and Brazilian gold from her house and has done this for thirty years, to support her husband who works as a house painter to provide their living expenses.

Sobhiya is a hard worker, She is acquiring her 12th loan cycle from Kiva's field partner Al Majmoua, to increase her business merchandise with a special summer collection.

She is a borrower in good-standing; her previous loans helped her a lot in diversifying her products and covering most of her family's needs.

She hopes to stay in good health and to be capable of supporting her beloved family.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Sobhiya to increase her business merchandise with a special summer collection.
66% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 27, 2014
Currency Exchange Loss:
N/A