Zeinab learned this business from her mother, who was skilled in this domain, since a long time ago they used to bake their own bread for living. She is very talented in her specialty and provides her customers a special taste.
Zeinab is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise by buying a large quantity of flour and necessary raw ingredients to make sure that she'll stay ready for the increase in customers' needs during the coming winter and Holy Christmas seasons.
She hopes to keep on developing her business and 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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Success!! The loan was 100% repaid