Hassan has been an Al Majmoua borrower for three cycles and has a good standing. His previous loans helped a lot in expanding his business and reflected positively on his social & financial situations. This is why he is applying for a loan from Kiva partner, Al Majmoua. He hopes to increase his merchandise with special-offer products necessary for his business.
Hassan looks forward to providing his family with the best education and living ever. He hopes to expand his business as much as he can in the future. His good reputation is his main source of marketing.
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