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Labiba
Labiba is a 40-year-old woman who lives in Aley, Mount Lebanon, with her husband and two children. She has been working as a sewer and embroiderer for over ten years. She works from home, repairing all type of clothes and also making clothes, scarves, cushions covers and more. Labiba is successful in her work because she does it well and knows how to treat her customers, who are mostly friends and neighbors. When she first started her business, she had some financial issues because she did not have a lot of customers. Labiba decided to set up her business because of her experience – she has been sewing from a young age. She enjoys her work.
Labiba has requested a loan from Kiva partner, Al Majmoua, in order to repair her sewing machine and purchase thread for her work. This is her third loan and she has always paid on time.

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

  • $5,900
    Average annual income
  • 95
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Labiba to repair her sewing machine and purchase thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011