Ramzi is requesting a loan from Al Majmoua, which he will use to buy a new juicer necessary for his business. Most of Ramzi’s customers are teenagers who spend their time using the internet and chatting with friends. His business is improving with the sandwiches he makes; he adds a joyful atmosphere to his place where you can find anything you want.
Ramzi hopes to expand his business as much as he can in the future to keep his customers and family pleased.
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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