Fatima has been an Al Majmoua borrower for two cycles. Her previous loan was very impressive. It reflected positively on her business development and on the product diversity in her store. She is requesting a new loan to fulfill her customers' needs and meet their requests. She wants to keep her shop filled with every thing they need, all the time, to keep them loyal to her and to emphasize the continuity of shopping at her shop. Fatima will work hard on expanding her business, and hopes to start wholesale trade 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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Success!! The loan was 100% repaid