Hasan has been an Al Majmoua borrower for two cycles and is in good standing. His previous loan had a good impact on his business and his family's situation. This time, Hasan is requesting a loan from Al Majmoua to buy tools needed for his tractor, such as a machine that can be fixed on the tractor and spread antibacterial medicines over planted areas.
Hasan works hard on improving his transportation business to stay loyal to his clients and fulfill their needs. He hopes to buy all the agricultural machines that will help to expand his work.
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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