Al Ikhlas 1 Group
Maryam is a 57-year-old widowed mother of nine. After the death of her husband she struggled to provide her children with good living standards. She is a tailor and has been working in a tailoring factory since 2004. She has learned this profession from her parents who have trained her well. At first Maryam faced the challenge of making it to the factory's early working hours on time, but has since proved her reliability and commitment to her supervisors.
Maryam has also worked in agriculture for the past 10 years, and she puts so much effort on developing her own business properly to make sure she can acquire a good income.
Currently she is acquiring a loan from Kiva’s field partner Al Majmoua to pay the painting fees of her house to keep it a healthy living place. She is sitting in the far left side of the picture. Khadija is the lady wearing black at the far right side, while Ayat is the lady at the center.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
This is a Group Loan
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid