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Iktimal
Iktimal is a 57 year old married woman living in Tripoli with her husband and 3 children. Iktimal has been selling candies and clothing since 2000 and by doing this helps her husband make their living.

This is Iktimal’s fifth loan with Al Majmoua. She invests her loans in increasing and improving her business. This time for sure she will use the loans for the same purpse, in addition to doing necessary maintenance on her house.

She hopes to open a clothing shop and to start selling candies wholesale in the future.

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Iktimal to increase and improve her business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2010
Listed
Sep 4, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 22, 2011