Abass is a hard-working man with a very good reputation. He is well known in his area and liked by most of his customers because of his special customer service.
Abass applied for a loan from Kiva partner Al Majmoua in order to increase his business merchandise with special spring & summer goods in addition to mobile phone prepaid cards. The prepaid cards are highly requested, that's why he is putting so much effort to invest this loan in them.
He is looking forward to opening a mobile phone sales shop in the future.
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