She works hard to provide the best living ever to her children, so that they don't feel that they need something that they can't afford. Abir's most important aim is to provide the best education ever to her children.
Abir applied for a YOUTH LOAN from Kiva's partner Al Majmoua for the first time, in order to increase her business capital to purchase a newly released jewelry collection. The sales will improve and develop her business a lot, which will reflect positively on both her social and financial situation.
She works from home to take good care of her children, and at the same improve their living. She hopes to expand her business one day to open her own shop.
More information about this loan
This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
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