Nawal 1 Group
Nawal is a 63-year-old married mother of six children. She works in preparing and selling "mouneh" (which is based on conserving current season fruits and vegetables to be consumed during other seasons). She has ten years of experience in this domain, with an excellent reputation. She is recommended by almost all of her customers, because of her quality of products served.
Her acquired loan from Kiva partner Al Majmoua will be invested in opening a convenience store, where she will expand her working sector and display her products in a well managed way to be attracting enough for new customers.
She hopes to stay capable of financially supporting her husband in their living, since his very low income business (taxi driver) isn’t encouraging for a family to depend on.
Nawal is the lady covering her face with the white veil. Sarah is at the center of the picture, and Tharwa is the lady with the black spotted top.
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.
This is a Group Loan
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Success!! The loan was 100% repaid