Ali Zakariya has owned a butcher shop since 1999 and is speciA. in his work because he does it well and offers a good quality of meat. He decided on doing his business because he took after his family’s work; therefore he didn’t face difficulties because he was already known in his region and had his faithful clients.
Ali Zakariya requested a loan from A. Majmoua in order to purchase a van for his work since he delivers to his clients who are people from his region and his surroundings. This is his fourth loan and he has always paid on time. His previous loans helped him improve his shop by purchasing required tools and machines for his work.
In the future, Ali Zakariya plans on expanding his work by opening another 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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