Nisrine is a hard worker who likes her business a lot. She works from her house since at the meantime she isn't financially capable of opening her own separate working place.
She is acquiring a loan from Kiva partner Al Majmoua, to buy necessary newly released editing machines that will help her run her business easily, faster and produce higher quality.
She hopes that in the near future, and after investing this loan in a well managed way, she'll be capable of opening her own editing company 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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Success!! The loan was 100% repaid