That’s why she requested a loan from Al Majmoua-Kiva partner, in order to increase her shop’s merchandise with the necessary autumn-winter products highly requested during these seasons, since transportation in these two seasons becomes hard, so most villagers prefer to buy from a nearby grocery shop than heading to a faraway mall. This helps in improving her business during these season and it’s almost the same during the summer season since most of the citizens come to spend the summer season in their beloved village.
Saada hopes to expand her business more and more in the future. She hopes to keep her shop updated with all newly released products.
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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