Her long experience in this domain gave her customers trust and support. Aline is acquiring a loan from Kiva partner Al Majmoua, to change her salon's interior design, to buy new make-up tools, and newly released collections that are highly requested to develop her business and satisfy her customers' needs.
Aline is very anxious and excited about this loan, and she will work hard to keep on developing her business to make sure that her beloved children will benefit from the best education and living needs.
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