Ziyad is well known in the region because, compared to others, his shop is clean, his prices are affordable and his meat is tasty, as his clients say. He is requesting a loan from Kiva's partner Al Majmoua for his sixth loan, in order to buy sheep, raise them and then sell their meat. He likes to do this because, as he says, he takes good care of the sheep to give him the tastiest meat to serve.
He's a borrower in good standing with Al Majmoua, and hopes to remain with the program. He hopes to expand his business and cover all of his family's expenses.
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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