Khodor started his business in 2006, and it's improving a lot. He sends the hookas by delivery to homes or businesses as requested.
His shop is small but is good enough to handle all the preparations for deliveries.
Khodor is requesting his first loan from Al Majmoua in order to increase the number of hookas he owns, which will increase his income.
Kkhodor used to work as a car mechanic--he used to be an employee--but he insisted on making his own business with less capital requirements. He's smart about what he's doing and hopes to improve his business more and more, and to get a larger shop to start expecting clients to visit his cafe.
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