His business is well developed because of the good quality of products he serves and his prices.
To provide his family with a better lifestyle, Adel opened a bakery to increase his income and improve his family’s social and financial situations.
Adel is working with his father; they are sharing and improving the same businesses. That’s why he requested a loan from Al Majmoua to buy chicken at special prices.
This is Adel’s forth cycle as an Al Majmoua borrower. All his previous loans helped a lot in increasing his business capital and improving his workplace. He has a good standing as a borrower.
He hopes to continue improving his business, to expand and be the owner of a big chicken farm.
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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