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Moussa
Moussa has owned a barber shop since 2000. He also sells hair products like shampoos and gel, and perfumes. He is a 22-year-old man who lives in Saida, southern Lebanon with his wife and their child. Moussa knows how to treat his clients and does good work. His clients are his friends, neighbors and others. When he first started his business, he didn’t have enough cash to purchase all the needed tools for his shop. Moussa decided on this business because he wanted to have independent work and he learned it in an academy.


Moussa requested a loan from Al Majmoua in order to repaint his shop and purchase accessories. This is his second loan cycle and he has always repaid on time. In the future, he plans on improving his business by purchasing more sophisticated tools.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Moussa to repaint his barber shop and purchase accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 14, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011