Moussa has been an owner of a food market since 2008. He sells soft drinks, juices and cheese and dairy products. He has 20 years experience in this field. He has a deep understanding of local consumer needs. His market is situated in a crowded area so there are a good number of customers passing by as well as nearby school students and teachers.
Moussa decided to apply for a $2000 loan to buy new, good value products for his market. This loan is requested from Al Majmoua- Kiva partner and this is his fifth cycle as an Al Majmoua borrower of very good standing.
Moussa is aiming to earn more profit to provide a better life for his family.
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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