Jaber is a 45-year-old married father of four children. He is a Palestinian refugee, living in a Palestinian camp in the South of Lebanon. Palestinians in Lebanon are a marginalized segment of the population since they are restricted to a specific range of low-income jobs, and are often discriminated against. Furthermore, because of the dire situation of Palestinians in Lebanon, Jaber did not receive an education when he was a child, which is why he is illiterate, a great handicap in his life. However, trying to overcome these difficulties, Jaber became a fisherman. Later on he discovered that his revenue did not suffice to provide for a family of six members, which is why he also decided to work in the field of selling furniture. He used to work in pasting tiles before too. His wife is unemployed, which means that he is the only financial provider of the family. Thus, in order to increase his revenue, he decided to contact Al Majmoua and acquire a loan. It would help him to purchase living room and bedroom furniture to sell. As for the future, he would like to expand his business and further increase his revenue in order to overcome the labels that were assigned to him by birth.
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.