He states that it is the best job he could find because it is hard for a Palestinian refugee in Lebanon to find the ideal job.
Although his life is hard and insecure, he never stops smiling.
Mosbah is applying a loan from Kiva's partner Al Majmoua in order to buy more iron at a special price. He will then sell it at a very good price; he might use part of the loan to make necessary repairs to his home.
This will be his third cycle as Al Majmoua borrower. He has a good payment history and an obvious business development plan.
In the future, he hopes to buy a car or truck to transport his items easily, which will improve his business and support his income.
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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