Yasmine is a 34-year-old married mother of one whose husband is a carpenter. She has a university degree and has worked as a teacher for five years while also giving private tutoring lessons from her home. Yasmine is always thinking about ways to improve and grow her tutoring business, so she acquired a loan to renovate a room in her house in order to provide her students with a more productive learning environment. In the future she hopes to one day be able to afford to grow her business through establishing an education center. Yasmine is the lovely lady standing on the right. Nada is on the left and Rola is in the middle.
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.
This is a Group Loan
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Success!! The loan was 100% repaid