She has been working in agriculture for 20 years. Rima is a hard worker and is putting a lot of effort into supporting her family and expanding her business.
Rima is applying for a loan from Kiva's partner Al Majmoua, in order to prepare for her expected baby needs and requests, and pay for the hospital fees.
This will be her first cycle as Al Majmoua borrower, and she hopes that the future experience with Al Majmoua will be invested in expanding her business capital and working zone.
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