Ibrahim opened a grocery store four years ago because he was very tired of his previous work, which was lifting things from place to another. He started to have back pain, so he decided to change his way of living and started a new business to help change his family's social and financial situation.
Ibrahim is a hard worker and is beloved by most of his neighbors. He dreams of opening a big supermarket in the future, where he can sell different kinds of goods to attract different customers coming in.
Ibrahim is requesting a loan from Al Majmoua to increase his merchandise for the holy month of Ramadan, and to do necessary maintenance and decoration in his shop to attract new customers.
He hopes he can provide his family with all the things they need and more, and to stay healthy to improve his life.
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