Mariam is applying for a loan from Kiva partner Al Majmoua, in order to buy special requested products for summer and the Ramadan period. This is Mariam's second cycle as an Al Majmoua borrower; her previous loan helped a lot in improving her business, in addition to her family's situation.
She is working hard to keep on expanding her business categories and adding newly released brands to keep her customers 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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