Moustafa is requesting a loan from Al Majmoua for the 11th time, in order to buy tools necessary to improve his business, in addition to buying new bedrooms for his children.
Moustafa is a borrower in good standing, a man with a good reputation who deserves his business.
He hopes to provide his family a good life filled with health, happiness and good education. He hopes to buy some land where he can build a house for each of his kids.
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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