She is a hard worker, well known in her region with a good reputation and special talent in her business. Souad works hard to support her husband in their living, to make sure that they'll have a secured financial living in the future while aging with each other.
She is acquiring a loan from Kiva partner Al Majmoua, to buy necessary tailoring machine and tailoring needs that will help her in developing her business and replying to her customers' Christmas needs in a faster way since her current machine isn't working well anymore.
She hopes to expand and develop her business more and move it outside of her house to give both her husband and customers the privacy they deserve to have.
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