Hayfaa is speciA. in her work because she opens early in the morning and closes late in the evening. Her clients are her friends, neighbors and passers-by. When she first started her business, she didn’t face difficulty since she always had her family’s support. Hayfaa decided on doing her business because she wanted to supplement her husband’s income and she always wanted to work for herself. In the future, she plans to keep on improving her store.
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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