He is requesting a loan from Al Majmoua in order to pay school fees, in addition to buying diesel fuel to use for heat in the winter season. His previous loans had a good impact on his business and his family income, and on both his social and financial situations. With the last loan, he bought a Renault Rapid car suitable for his business, to transport his tools and to deliver his finished work in a short period of time.
He is working on expanding his business, and hoping to invest everything he has in making it happen.
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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Success!! The loan was 100% repaid