Her clients are her friends and neighbors. Douniah is a very welcoming person, and each time a customer enters her store she likes talking to them and offers them something to drink.
She requested a loan from the Kiva field partner, Al Majmoua, in order to purchase new merchandise for her store so that she can expand her stock. This is the first time that Douniah has requested a loan from Al Majmoua.
When she first started her business, she didn’t face any difficulties. Douniah decided to open this business because she wanted to supplement her family’s income, but more importantly, she likes trading and likes her work. In the future, she plans to keep improving her store.
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.
92View loans »