Nada is applying for a loan from Kiva's partner Al Majmoua, to register her husband's car as a taxi in order to help him work with it legally as a taxi driver, which will provide them with an additional daily income.
Her snacks are well known in the region because of her special toppings, cleanliness, prices, and the customer service she provides. She hopes to expand her snacks to a larger restaurant and a cafe in the future.
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