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Ikram
Ikram is a 41-year-old married woman and mother to two beautiful children. To help her husband with their family's income, Ikram started a small business three years ago. She works as a tailor making curtains and living room shields. She also fixes dresses and makes beautiful new ones. Ikram also sells underwear, in addition to towels and winter blankets. She is a multi-business woman who works hard to keep her business running and improving.

Ikram is experiencing an Al Majmoua loan for the first time. She knew about it from her neighbor, who gave her a very positive and impressive feedback about his loan through Al Majmoua-KIVA and his business progress, and now she's very excited to share her experience with them.

Her requested loan will be used to buy a new sewing machine and its tools. This machine will help in doing extra jobs in less time and with perfect quality. Ikram hopes to open a big tailoring factory in the future to expand her business as much as she can, and to make sure her family's future is secured.

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
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,262,350
    Funds lent in using Kiva
  • 1,507.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ikram buy a sewing machine and its tools.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012