Said is special in his work because he opens early in the morning and closes late in the evening. His customers are his friends, neighbors, and traders. When he first started his business, he didn’t have enough cash to purchase a lot of merchandise. He decided on doing his business because he wanted to supplement his wife’s income, and also, he always wanted to work for himself. In future, he plans to keep on improving his store by diversifying his merchandise.
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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