Nesrien is special in her work because of her experience; she knows how to please her clients and is aware of the fashion. Her clients are her friends and neighbors. Nesrien requested a loan from Al Majmoua in order to purchase merchandise for her shop. This is her second loan cycle and she has always paid on time.
When she first started her business, she didn’t use to sell a lot and therefore, brought in less revenue. Nesrien decided on doing her business because of her experience in sales. In the future, she plans on improving her 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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