Fatima's business is going on just fine, and she puts much effort into developing it and expanding her working sectors. The diversity in her clothes attracts customers' attention, and that's why she is applying for a YOUTH LOAN from Kiva's partner Al Majmoua for her second loan cycle, in order to increase her merchandise with a specially released spring and summer collection.
Fatima has a very good reputation in her area, and she is very thankful for that because it is a positive point to help her improve her business and increase her income. She hopes to keep on expanding her business as much as she can in order to keep on pleasing her customers.
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.
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Success!! The loan was 100% repaid