In 2003, Majida established her own business, which is specialized in pasting plastic and cardboard bags. She is a hard-working woman with special talents in her domain. Majida's relationships with nearby printing companies put her on the top list of people who do such a service.
Today, Majida is acquiring a loan from Kiva partner, Al Majmoua Lebanese Association for Development, to buy necessary raw materials that will decrease her costs and increase her income.
Majida hopes to move to a larger shop to expect more requests.
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