Lina is a 27-year-old woman who lives in Beirut, the capital of Lebanon, with her husband and their two children. Lina has been working as a seamstress since 2004. She repairs all type of clothes. Lina is special in her work because she does it well and knows how to treat her clients. Her clients are her friends and neighbors. She requested a loan from Al Majmoua in order to purchase a new sewing machine for work. Lina has been a microcredit client for five years now and has always paid on time. When she first started her business, she didn’t face difficulties. Lina decided on doing her business because of her experience; she has been sewing since a young age. In the future, she plans on expanding her work by opening a sewing factory.
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.