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Iman
Iman, 47, is a married woman, the mother of two children. She has been making and selling handmade souvenirs and antiques for the last eight years. She is well known in the region for her special talent in her business and her good communications skills.
Iman is applying for her third loan from Kiva partner Al Majmoua, in order to buy tools and supplies she needs to make her handmade souvenirs and antiques, especially to meet the Christmas and New Year demand. Her previous loans were invested in the same way, and they had a very positive impact on her business and her social situation.
Iman's business is located at her house. She dreams of moving it to other premises in the future, in order to attract more customers, which will be a very important step forward.

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Iman to buy tools and supplies she needs to make her handmade souvenirs and antiques, especially to meet the Christmas and New Year demand.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013