Tanios works hard to improve his business as much as he can because this kind of business is highly requested these days. Tanios is a talented, smart man. He moves with technology as much as he can and replies to customers' requests in a very smart way. In order to increase his income, and to increase his customers, Tanios requested a loan from Al Majmoua to buy six new computers, enough to increase his income and make a future plan to expand his workplace possible.
This is Tanios's first experience with Al Majmoua. He hopes it will have a positive effect on his family's social and financial situation.
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