Adham is a hard worker. Planning to make his own career, he started this business three years ago, after he stopped working at a fish shop. He improved his restaurant over the past three years. Adham loves his business a lot, and he puts effort into expanding it.
Adham requested a loan from Al Majmoua in order to buy new machines needed for his business, such as a chicken broasting machine. He would also like to increase his restaurant's merchandise with extra mayonnaise, ketchup, pickles, and other things that can be kept for a long time and saved in big quantities.
Adham hopes to expand his business by opening a new branch 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