Hussein is requesting a loan from Al Majmoua in order to buy a bigger generator for his shop, since the electricity problem is becoming more complicated day by day in the region. Hussein's clients are most of his neighbors, relatives and friends. They state that his quality of products is better than competitors in the region.
Hussein hopes to open a farm of his own where he can raise his own chickens to trade with.
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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