Ali does his work well and knows how to treat his clients. His clients can be anybody. When he first started his business, he had difficulty finding a cheap van. Ali decided on this business because he wanted to work independently. In the future, he plans on improving his business. Ali has requested a loan of $1000 US from A. Majmoua in order to do some maintenance work on his van. This is the first time that Ali has requested a loan.
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.
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