Carol is a hard worker; she was capable of attracting customers' attention through the diversity of products shown to be sold.
Carol is applying for a loan from Kiva's partner Al Majmoua to increase her business capital with a collection of special new accessories, beauty cosmetics and hair colors. This loan will reflect positively on both her social and financial sectors.
She hopes that she can keep expand her business to better serve her 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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Success!! The loan was 100% repaid