Rabab applied for a loan from Kiva partner Al Majmoua, in order to increase her business capital with special summer products. Her products are highly requested among her customers, since they are almost medical and are not harmful to the skin. She sells special sun protection, perfumes, hand creams and many other cosmetics and makeup.
Rabab has been n Al Majmoua borrower for three cycles, and she has a good history. She loves communicating with people, that's why she is successful in her business. She visits customers at home, to make necessary promotion for her new products.
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