Fatima is a hard-working woman who sacrifices her life for the sake of her children. Fatima has been an Al Majmoua borrower for eight cycles, and almost all of her loans were used to pay for treatment for her child's illness. And still she would do anything in order to continue his treatment. She is a borrower in good standing.
Fatima is applying for a loan this time in order to improve her business, through buying a new, updated tailoring machine necessary for her business. This machine will help a lot in increasing her income, at the same time covering her son's medical expenses. She hopes to stay healthy and capable of covering almost all of her family's needs.
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