Her husband is working abroad in order to provide his family members with a good standard of living. Meanwhile, Salwa works hard here in Lebanon to develop her business and increase her income in order to cover her children's expenses.
Salwa is applying for a loan from Kiva's partner Al Majmoua in order to increase her business merchandise with a special summer collection. She hopes to keep on increasing and developing her business in a well managed way so that she can continue to respond to both her customers' and her family's needs.
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