Fadak 1 Group
With the requested loan, Zeinab will increase her products with special winter beauty creams and cosmetics. She is working from her house, but she will work hard to open her own shop.
She is the first one from the left.
Amina is a 22-year-old single woman, who has been working as a nurse for a year and a half. With the requested loan, she intends to start selling clothes to increase her income, and improve her living. She is the one seated on the right.
Nour is an 18-year-old single woman, who has worked as a sales person in a detergents shop for the last 7 months. With the amount requested she intends to buy a laptop that will help her improve her IT Knowledge.
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.
This is a Group Loan
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Success!! The loan was 100% repaid