Kassem has been an expert at sticking tiles for 15 years, working as a freelancer since 1998. Kassem operates his business to bear the education expenses of his kids so that they get a quality education without any hurdles and financial problems.
Kassem has applied for a loan from Al Majmoua to start a new business, dealing with plastic greenhouses. In addition to necessary plants, he needs to extend an irrigation network. This is his first time requesting a loan and he hopes it’s going to be positive for his family's way of living.
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