Mouhamad opened his coffee shop at a strategic point which is in the middle of the city, therefore, he is well known and people feel comfortable going to his coffee shop. His clients are mainly his friends and neighbors. When Mohamad first started his business, he passed through some financial issues He decided on doing his business because he wanted to have an independent work since he was unemployed and couldn’t find a work. In the future, he plans on improving his shop.
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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