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Sanaa
Sanaa is a 48-year-old married mother of four. Her husband is employed in a cardboard factory, and they both work hard to provide for their children. Eight years ago, Sanaa established her own shop that sells undergarments. She gained the skills to start her business from a friend working in the same field, and so far her business has been able to provide extra income for her family.

Sanaa is a hard worker who has successfully paid off four previous loans that have helped her grow her business. She's acquired a new loan from Kiva’s field partner Al Majmoua to complete some needed repairs for her shop and increase her merchandise for the upcoming busy summer months.

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

  • $15,800
    Average annual income
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    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 Sanaa to complete some needed repairs for her shop and increase her merchandise for the upcoming busy summer months.
93% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 30, 2014
Currency Exchange Loss:
N/A