Nawal has been selling clothes and Brazilian gold since June 2013, to help her husband with their household expenses and to educate her child. She started her work by selling her products to neighbors and friends, by putting her products in a bag and passing by them, to market her merchandise. Today, she has her own stable shop where she serves her customers in a well-managed way.
Nawal is acquiring a loan from Kiva partner, Al Majmoua Lebanese Association for Development to increase her business merchandise with a special Christmas collection that will attract customers’ attention and increase her income, which will develop her living.
She is looking forward to continuing to develop and improve her business in a well-managed way, by increasing her business capital.
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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This loan has been fully funded!