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Ibrahim
Ibrahim, 43, who lives in Nabatieh, southern Lebanon with his wife and their three children, has owned a sewing factory for over ten years. He repairs and sews clothes as well as school costumes, and is requesting a loan of $3000 USD from A. Majmoua in order to purchase thread and repair one of his sewing machines. This is his second loan and he has always repaid on time.

Ibrahim's previous loan helped him improve both his factory and his financiA. situation. He is speciA. in his work because he does it well, and his clients are schools, clothing traders and others. In the future, he plans on improving his business.

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
  • 84
    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 $3,000 helped Ibrahim to purchase thread and repair one of his sewing machines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010