Hassana used to clean houses to support herself and her child, but because she has a problem with her right leg, she decided to find a less tiring business. She opened a convenience store, and started tailoring. Both businesses are located in her house, and this is very helpful for her in many ways.
Hassana applied for a loan from Kiva partner Al Majmoua, in order to support her businesses with the necessary tools and products such as buttons, zippers and threads. She will also use a portion of the loan to purchase necessary products for her convenience store to get ready for customers' special requests for Holy Ramadan.
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