Yousra is specialized in making Kishek, a traditional food prepared from groats mixed with skimmed yoghurt and spread over a blanket (after being left for several days in a big pot to keep on mixing and assuring they are in the stage of fermentation), to be exposed to sunlight to dry and then grind them as powder, to be cooked during the winter season by adding it to minced meat, garlic and water. It then looks like a thick, tasty, hot syrup specialized for cold seasons.
Yousra is applying for a YOUTH loan from Kiva partner, Al Majmoua, to buy big quantities of groats, skimmed yoghurt, plastic bags and a few other things to increase her business production. She will work hard to establish her own business outside her house in the future.
More information about this loan
This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
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