Nabil is applying for a loan from Kiva partner Al Majmoua for the first time, in order to pay for his children's school fees. His business is going on just fine but an unexpected raise in school fees requires external support.
Nabil loves his business a lot, since he loves communicating with others. He hopes he can improve and develop his business more and more in the future to keep his customers pleased and satisfied.
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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