Ziad is well known in his region for the special quality and prices provided, in addition to the special talents in his domain.
He has ten years of experience in this domain, which provides him with customers' trust and improves his business development.
In 2013, he established his current business, and he is working hard on developing and expanding it. That's why he is acquiring a youth loan from Kiva partner Al Majmoua, to increase his business merchandise with productions for special seasons, especially for the Mother's Day celebration which is on the 21st of March in Lebanon, and to buy necessary requested accessories and decorating items.
He hopes to keep on expanding and developing his business by moving to a wider shop. He is working hard to buy his own shop instead of paying rents to others.
More information about this loan
This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
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