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Mariam
Mariam is a 56-year-old divorced woman who works as a tailor. Mariam has a sewing machine and works at her house. She is a hard worker with 20 years of experience. Mariam is acquiring a loan from Kiva partner Al Majmoua to buy a car that will help her to buy necessary tailoring supplies that will improve her business. She will also be able to buy better quality products at better prices.

She hopes that in the future she will be financially capable of opening her own tailoring shop and expanding her work activities.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 35
    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 $1,500 helped Mariam to buy a car.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014