Thouraya is a brave wife and she insisted on starting her own business to help her husband in covering their family's expanses and raise their children with a good and healthy living. Thouraya's business needs external support to increase her merchandise and that's why she applied for a loan from Kiva partner Al Majmoua, in order to buy new spring-summer collection. She also sells gifts and accessories. She is well known in the region,with her good reputation and manners. She hopes that one day she will expand her business more and open a larger shop that will sure attract new customers.
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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