Mahmood is 36 years old and married with two children. He works as a taxi driver and has for the past ten years. He likes to work hard. He would like to secure a good life for his family, and therefore he wants to increase his income by developing his business. He has customers from his community and from among his relatives. He struggles with certain difficulties, in particular, material difficulties, which hinder his repeated efforts to develop his business. With a loan from al-Majmoua, he wishes to have maintenance work done on his taxi as well as to buy a new car battery.
محمود في عمر 36 سنة متزوج وله ولدان يعمل سائق تاكسي له في هذا العمل 10 سنوات يحب العمل بجد ونشاط يريد ان يؤمن العيش الكريم لعائلته يريد ان يزيد من مدخوله وان يطور العمل له زبائن من محيطه واقاربه يعاني من بعض المصاعب في العمل وخاصة المصاعب المادية حيث يسعى بان يكون عمله دائما في تجدد ولكن الصعوبة المادية تقف عائق في وجهه يريد من خلال طلب قرض له من المجموعة الى صيانة السيارة + شراء بطارية
About Al Majmoua – Lebanese Association for Development
The 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.