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Souheir is a 40-year-old married woman, the mother of two children. She has been working in selling women clothes since April 2009, in order to help her husband in making a living and covering their family's expenses.

Souheir is a hard worker who puts much effort into pleasing her customers and expanding her business. Today Souheir is applying for a loan for the first time from Kiva's partner, Al Majmoua, in order to increase her merchandise by buying a new autumn/winter shoes collection.

Souheir hopes that this loan will be a step forward toward expanding her business and increasing her customers.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Souheir to increase her merchandise through buying a new autumn/winter shoes collection.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Sep 28, 2012
Oct 14, 2012
Currency Exchange Loss:
May 17, 2014