Hana is a very responsible person. Although she's not married, she is responsible of taking care of her brother's children, because his business is not going on fine. That's why she applied for a loan from Al Majmoua-Kiva partner -- to buy necessary sheep cotton to expand her business to cover the childrens' school fees and normal life requests.
What makes Hana's business unique is the tool she uses to produce these special carpets, since people working on such looms are very rare these days; almost vanished. Hana hopes to expand her business and develop it in the future, by teaching a few others this profession and opening and starting a small, professional business.
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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