Sanaa works from her house, because at the beginning she had to stay at home and take good care of her children and do her business at the same time. She didn't have enough working capital to open a shop of her own. Most of her customers are relatives, neighbors and friends, who work hard at supporting her to provide a good living for her family.
She is acquiring a loan from Kiva partner Al Majmoua to pay for her daughter's wedding expenses, since her business income isn't enough to cover any additional expense. She hopes that one day she'll be capable of opening a separate shop outside her house.
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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