She is applying for her first cycle loan from Kiva's partner, Al Majmoua, in order to increase her business merchandise with special spring and summer offers. She is very certain that this loan will have a very positive impact on her family and business, because it will help her increase both capital and income at the same time.
She hopes to stay in good health to provide her family with a good living and to make sure that she will not need others' help as she becomes old through the coming years.
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