Abass is a hard-working man, with special talents in his field. Abass is a hardworking man; he is trusted & supported by most of his customers because of his good quality products.
Abass is applying for a loan from Kiva partner Al Majmoua, in order to buy necessary updated tools and machines for his business. Abass has been an Al Majmoua borrower for two cycles; his previous loan helped a lot in improving his business, and it reflected positively on both his social & financial situations.
He hopes to keep on improving his business as much as he can, maybe through future loans that might help a lot in buying updated machines and might open a new branch for special furnished apartments.
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