Zeina is requesting a loan for the ninth time from Al Majmoua, in order to increase her capital and to expand her business. Zeina is a loyal client in Al Majmoua, she’s an upstanding person and pays always on time. She works hard on expanding her business and on providing the best to her family. She helps her husband in their family’s income and outcome, and she hopes to achieve more in the future. Her clients believe in her ambitions and know that when she insists on doing something she will definitely do it and succeed in it.
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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