Jinan is acquiring a loan from Kiva partner Al Majmoua to buy newly released makeup items, especially for the coming Christmas and winter season, and to invest part of the loan into buying necessary winter needs for her family. This is Jinan's fifth loan cycle through Kiva partner Al Majmoua, her previous loans helped her a lot by increasing her business tools and items. She works hard so that, in the future, she can open her own separate beauty salon outside of her house and provide her customers with necessary privacy. She is the first lady standing on the left. As for the other group members, Dolly is in the center, and Rima is on the right.
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