She sells women clothes, is hard working and has been in business for three years. Rabiaa is a talented business woman who has a very good reputation.
She requests a loan from Kiva partner A. Mjamoua so she can start selling women lingerie. Rabiaa works hard to introduce her customers to this new section of her shop and plans to develop it and increase sales more and more in the future.
Rabiaa wishes to open a shop that sells family clothes and shoes.
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