She works with her husband to make sure that their business is running properly, and to decrease the expense of requesting external employees. Hoda is acquiring a loan from Kiva partner Al Majmoua to buy a motorcycle necessary for the restaurant to improve the free delivery services they provide to their customers. This service will attract new customers and increase their business productivity with low expenses.
In the future, Hoda is willing to open another branch in another region to expand her working zone.
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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