Both of her children work too, with very small incomes, in order to help in their family's expenses.
Amal is applying for her ninth loan cycle from Kiva's partner, Al Majmoua, in order to increase her business merchandise with a special summer collection. Her previous loans helped her a lot in responding to her family's needs and increasing her business capital.
She hopes to keep on pleasing her customers and family as much as she can. Most of her customers are relatives, neighbors and friends. But her house is located in a very high-population area, which encourages her to expand her business.
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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