She has long experience in running a convenience store. It was established 44 years ago, and she has been managing it for a long time.
Hayfaa is a hard worker, well known in her region for her good reputation and the special services she provides.
Today, she is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise with special-offer products, especially cold beverages for the coming spring and summer seasons.
She hopes that one day she will turn her convenience store into a wholesale business and expand her working sector.
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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