Dima helps her beloved husband in making their living and covering their family's increasing expenses. Her husband works as a driver, his low income isn't enough to cover their family's needs. That's why Dima works hard to develop her business, to satisfy both her customers and family members.
Today, Dima is applying for her first loan from KIv'a partner Al Majmoua, in order to increase her business merchandise with a special summer collection, Most of the local villagers prepare themselves to celebrate the end of Holy Ramadan month. They buy new clothes for this occasion, so she has to be prepared. She hopes to keep on developing her business, and continue to satisfy her customers needs.
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