His customers include friends and other community members who have come to know him through his work over the past twenty-five years. He has requested a loan from Al Majmoua (a Kiva partner) for the third time in order to fix his pickup and to pay for his mother's urgent medical surgery. His previous loans helped a lot in improving his business.
He's known for his strict appointments and the quality of work provided. Chehab hopes to stay capable of helping his family members and providing a healthy living for his family. He also hopes to expand his business through buying an additional pickup to reply to all requested transports.
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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Success!! The loan was 100% repaid