In her cafe she sells a special Hookah (known as Arguileh, which is a tobacco-based item with special added tastes to please customers).
To increase her income and her family's standard of living, Rana started a new business with daily income. She opened a small grocery store, for which she requested a loan to support from Kiva partner Al Majmoua.
This loan will be invested to increase her inventory of canned food and sweets to meet customer's needs. She is making sure that her shop will met the needs of her customers in a very attractive way.
In the beginning she didn't have a lot of customers, but today she is well-known in the region, and her happy face and special customer service are the best things she can provide.
She hopes to keep on expanding her businesses as much as she can to keep on providing her family with the best standard of living ever.
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