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Adel
Adel is a 48-year-old married man living in Lebanon. When he was young, he started learning the hairdressing occupation as a new career in his life; he first learned it in an academy. Then he started becoming a talented hairdresser and in 1995, he opened his own hairdressing salon and started working on his own.

Since then, his salon has improved, and Adel has been offering more services to his clients such as beauty products, nail care, makeup, and more. He receives clients from his village; he says that his clients can be his friends, neighbors and also tourists.

Today, Adel is asking for a loan to buy beauty products and additional supplies, such as hair gels, shaving soap, etc. He hopes that the result of this will increase his business productivity, as well as his income.

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 $2,400 helped Adel to buy beauty products and supplies.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011