He has been working in selling hot drinks since 24 years ago. He used to work as a fisherman, but his family's increasing needs required a wider business with a better daily income.
His business is located in a van, which he parks at the side of the main road of his village. Many customers are loyal to him, and passers by provide him with additional income.
To make sure that his family members are satisfied, Abdallah has an additional seasonal work: He sells watermelon during the summer season.
Today, Abdallah is applying for a loan from Kiva’s partner Al Majmoua in order to develop both businesses. He will increase his business merchandise with special hot drink flavors and cups, in addition to increasing his stock of watermelons and selling them with special prices.
Abdallah will work hard to keep on developing his businesses to make sure that his family’s needs are accomplished.
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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