Guevara has worked as a van driver for the past 20 years. He is well-known in the region and has a very good reputation. Most of his customers are loyal to him since they set daily schedules with him for their fixed appointments.
To achieve his objectives, Guevara has applied for a loan for the first time from Kiva's partner Al Majmoua. He needs a loan to buy another van to expand his work. This will help him increase his income as much as he can to make sure that he'll be capable of covering his children's tuition and higher education fees as long as he can afford it.
Guevara hopes to buy a school bus and expand his working field.
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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