Donia is well known in the region for her good reputation and enthusiasm. She is applying for a loan from Kiva partner Al Majmoua in order to buy a pickup necessary for her business. It will help a lot in transporting the fruits and vegetables in a suitable and easy way.
Donia has been an Al Majmoua borrower for four cycles. All of her previous loans were invested in business improvement. Today she is requesting a loan for the same purpose, which she believes will reflect positively on both her social and financial situations.
Donia hopes to expand her business more and more in the future through starting wholesale trade.
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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