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Soussi is a 53 year old married woman from Lebanon, who has three children. Soussi has a business repairing and making clothing for men and women. She has requested a loan from Al Majmoua in order to purchase thread and improve her business. Soussi has been working from her house as a sewer for 26 years; therefore she has a broad customer base which includes friends, neighbors, family members and people from her region. Soussi has been a microcredit client for eight years and she paid back her previous loan on time. Soussi's previous loans always allowed her to improve her business.
Not only is Soussi known for her talented work, she is also very punctual and repairs clothes within 1 or 2 days. When she first started her business, she had some financial issues. Soussi is a very active and has self confidence which encouraged her to start her business.

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
  • 89
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Soussi to purchase thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 20, 2010
May 12, 2010
Currency Exchange Loss:
May 15, 2011