Hassane works as a taxi driver, and he also transports village students from/to school, during the school season. He has a very good reputation, and he works hard at keeping it this way, because it is his advantage among the competition. Hassane has to keep his car in good shape, to keep his business working.
That's why he applied for a loan from Kiva partner Al Majmoua, in order to do necessary urgent maintenance requested on his car's engine. Hassane hopes to improve his business more and more in the future to open his own transport company.
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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