Dalal's salon is located in the Palestinian camp where she lives, since she's Palestinian. Most of her customers are her area's citizens, relatives and friends. It's hard for her to get employed or to start a business outside the camp because it's very expensive, but she hopes that one day that she will be able to take the step of opening a beauty salon outside. Dalal, just like everyone living in Lebanon, suffers from lack of electricity. Since her business depends on it, she applied for a loan from Kiva's partner Al Majmoua to buy a power generator. Dalal hopes to make her dream of opening her own salon outside the camp come true in the near future.
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.
67View loans »