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Danial is a 21-year-old single man from Chtoura, Lebanon, who has worked as a barber since 2003. He's a hardworker and his clients are most of his friends, family members, neighbors and, of course, friends of friends. His love of his work is the secret of his success.

This is the first time that Danial has requested a loan from Al Majmoua. He needs the loan to buy new chairs for his barbershop in addition to necessary hairdressing tools.

Danial hopes to own a bigger barbershop so that he can include a women’s hairdressing and beauty salon section.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Danial to buy new chairs and hairdressing tools for his barbershop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 28, 2010
Sep 26, 2010
Currency Exchange Loss:
Nov 15, 2011