Ahmad is requesting a loan from Al Majmoua for the first time in order to prepare himself for the Holy Ramadan Season, where people start to get prepared early through buying and storing cereals, milk, rice, sugar and a lot of vegetables.
Ahmad is a man with a strong personality and good communication skills. He loves his family and village and villagers a lot and seeks the best for all. Ahmad hopes to increase his business turnover and to improve it, and to own a new shop next to the main road.
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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