Y. works hard to improve his business selling chicken and its affiliates. He has requested a loan from Al Majmoua, a Kiva partner, for the first time, in order to increase his business capital and to pay for his brother's medical surgery. His customers are relatives, neighbors, and friends. He's an honest man and provides good customer service.
Y. hopes to expand his business and continue providing a healthy living for his family. He hopes this loan will reflect positively on the issues he requested it for, wishing none of his family members face such a problem in the future.
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