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Najah is a 30-year-old woman who lives in Tripoli, northern Lebanon, with her husband and their child. Najah has been working as a hairdresser for fifteen years. She is requesting a loan of $1,000 USD from Al Majmoua in order to change the décor of her salon. This is the first time that Najah has requested a loan. Najah is special in her work because of her experience. Her clients are her friends, neighbors, and others. When she first started her business, she didn’t have the startup capital. She decided on starting her business because she wanted to improve her financial situation. In the future, she plans on expanding her salon.

Additional Information

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.

About Lebanon

  • $15,800
    Average annual income
  • 175
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Najah najah will use the loan to change the décor of her salon.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 7, 2009
Jun 1, 2009
Currency Exchange Loss:
May 15, 2010