Hanadi is acquiring a loan from Kiva partner, Al Majmoua, to increase her business merchandise with a special newly released spring/summer collection to attract new customers, and to fulfill her current clients' needs.
She is very anxious about this loan because she believes that she is capable of providing her customers with the best products and prices they might request. She is also very sure that she is capable of selling everything and expanding her working sector since she is well known with her special customer care and quality of products provided.
She hopes that in the future, she might open her own diversified clothes and home need products shop and attract more customers.
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