Fatima has been working in tailoring and sewing traditional Abaya (cloak, which is a loose over-garment, it is like a dress, worn by almost all of the women living in Lebanese villages, it keeps them comfortable during warm weather) for twelve years. She designs the Abaya with special beads and textile colors to meet customers’ needs and opinions; this long term experience provided her with customers support, recommendation and loyalty.
Fatima is applying for a loan from Kiva’s partner Al Majmoua, to buy the fabrics, beads and accessories she needs to develop and expand her business.
Her customers have various views and she has to fit everyone’s needs, which is her main obstacle, she is working hard to achieve.
Fatima is working hard so as to open an updated factory 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