May insisted on establishing this business to make her own career path and to prove herself as a good businesswoman. She improved her shop a lot during the past years and is working on improving it more, through a loan requested from A. Majmoua. Kiva's partner, in order to increase her mobiles and recharge cards capitA. and take advantage of speciA. offers currently offered by her vendors.
Her shop is in a very important area. Not only neighbors or relatives are her customers, but people passing by have a part in her income.
She has been an A. Majmoua borrower for four consecutive cycles, and she's a borrower with a good standing history. May is a woman with very good customer service, the smile never leaves her face. She's also a shy person as most of her customers describe her. May hopes to open another branch 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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