Her nine years of experience in the field of mixing and creating special perfume blends has earned her the trust of her customers and given her encouragement to continue mixing new scents in the future. In response to her customers' needs and requests, Mounira will put a great deal of effort into improving and expanding her perfume-making sector.
Mounira has also started selling hookah, which is a highly requested item these days and brings a good income.
This is Mounira's second cycle as an Al Majmoua borrower. Her previous loan helped a great deal to improve her hookah business; at this time, she is requesting a loan from this Kiva partner in order to buy new perfume collections, in addition to special bottles. She also hopes to open a private perfume atelier, where she can make her special blends and expand her market.
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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