Ghamilet is special in her work because of her experience in sales, as well as her welcoming attitude with her customers. Her customers are her friends and neighbors. She requested a loan from Al Majmoua in order to purchase more merchandise for her store. Ghamilet has been a micro-credit client for eight years now and has always repaid on time.
When she first started her business, she had some financial issues purchasing all the necessary merchandise, but her previous loans allowed her to continually expand her stock and diversify her merchandise. She decided on doing her business because she wanted to have an independent job, as well as considering her experience. In the future, she plans on expanding her little 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.
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