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Ikram
Ikram is a 46-year-old woman who lives in Beirut, the capital of Lebanon, with her husband and their two children. Ikram has owned a mobile phone business since 1996. She sells all types of new and used mobile phones and she also repairs phones. Her clients are her friends and neighbors. She requested a loan from the Kiva field partner, Al Majmoua, in order to purchase a computer for her work. This is the first time that Ikram has requested a loan from Al Majmoua.


Ikram decided to start this business because she wanted to supplement her family’s income, and she's had no difficulties with it. In the future, she plans to increase her business by opening another mobile shop.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ikram to purchase a computer for her work.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011