Atef's shop is unique in his area because water pollution is a major problem in the region. Service timing and cleanliness are important these days and require a lot of work. He works hard to add new improved quality products and services.
Atef is requesting a loan from Al Majmoua, a Kiva partner, in order to buy a new car necessary to transport water to his clients' homes and businesses. He hopes to expand his business and become well-known in order to provide a better life for his children in the future.
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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