Saada is a hard-working woman, who is liked by almost all of her customers that come to her shop in order to enjoy communicating with her.
Saada is applying for a loan from Kiva partner Al Majmoua, in order to buy necessary tailoring tools and do necessary maintenance on her house. She believes that her work has helped her a lot in filling her free time, and encouraging her to have new friends most of the time.
Saada is happy with what she has accomplished till now. She was capable of building a small house in her village and is working hard to finish it as soon as possible to spend what's left for her (as she says) in her life in her village.
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