Husein is a hard worker. To cover his family’s needs, he also has an additional income business. He has a convenience store that covers part of his family’s needs, since it depends on daily income business. Husein’s favorite business is dealing with birds because it is his best hobby and he finds himself among his beloved birds.
He is applying for a loan from Kiva’s partner, Al Majmoua Lebanese Association for Development, to increase the diversity of the birds he is selling, to attract new customers and draw attention.
One of the major problems he is facing is the lack of cash to buy the requested materials, at the exact, requested time. Husein hopes to reach a level that he can develop his business anytime he finds this need.
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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