She has been an Al Majmoua borrower for two cycles. Her previous loan helped a lot in achieving part of her goals, and now she's requesting another loan in order to increase her summer season collection. Most of her customers are relatives, friends and passersby. She stated that through the new collection's income, she'll be able to increase her autumn/winter collection.
Zeinab is working hard on expanding her business, and she's willing to open a bigger shop with men's, women's and children's wear.
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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