Abed Al Rahman
Abed Al Rahman has good experience in his business and is trusted by most of his customers. To improve his living, Abed Al Rahman also works as a delivery boy in a restaurant in order to increase his income.
He is applying for a Youth Loan from Kiva partner Al Majmoua to register his motorcycle, which he needs to transport his construction tools from one project to another and for his restaurant delivery job, because he has to own a motorcycle of his own in order to keep his job.
This is his first time as an Al Majmoua borrower. He hopes that his future experiences will have a special benefit.
More information about this loan
This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
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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