Mohammad has a disability concerning his eyesight, but for him it was never an obstacle, and he insists on overcoming any obstacle or difficulty. Mohammad is requesting a loan from Al Majmoua for the third time, in order to buy new products to his store and to increase his working capital.
Mohammad states that the previous loans were of great benefit and they helped in increasing his income. Mohammad’s a man with a good reputation; his customers like the quality of products he sells in his store. Mohammad hopes to expand his 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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