Montaha has a cow which is her only business and source of livelihood. She works at selling milk on daily basis to make a daily income.
She is applying for her third cycle loan from Kiva's partner Al Majmoua, in order to exchange her present cow for a small one since the present one has been consumed to the maximum. She will buy another one to increase her production and income.
Montaha is dreaming of having a big farm in the future, that will sure develop her family's living conditions.
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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