Handomah is a 22-year-old single lady. She has been running her accessories and perfume business for six years to support her family in a well-managed way.
Today she is acquiring a Youth Loan from Kiva’s field partner Al Majmoua to invest in increasing her business merchandise with more fashionable accessories to better satisfy her customers’ demands.
As an optimistic person, Handomah believes that when there is a will there is a way, and her dream to start wholesale trading will soon come true.
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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.