Check out some available loans that are similar to this one!
Manal
Manal is a 34-year-old single woman who has been employed as a hair stylist for the past seven years. Her family is very supportive of her goals, but she faces stiff competition and doesn’t have a lot of funds to draw on. Although Manal already enjoys patronage from her neighbors and other community members, she is very driven and is eager to learn about all the latest practices which can help push her work to the next level. Hence, Manal would like to ask Al Majmoua for a loan to buy new equipment, shampoo, and facial creams for her beauty salon.
View original language description ↓
منال عزباء وتعمل منذ اكثر من 7 سنوات عمرها 34 سنة منال تعمل في مجال الكوافير وهي تحب عملها كثيرا
لكنها تعاني من منافسة شديدة في محيطها وما ينقصها هو المادة لدعم مصلحتها اكثر منال تتلقى دعم كبير من عائلتها وهي طموحة وتحب
ان تتطور وان ترقى بعملها الى مستوى جيد تعمل بجد ونشاط وتطور عملها فهي جاهزة لتعلم كل ما هو جديد لتحسين مستوى عملها
منال تريد طلب قرض من المجموعة بهدف شراء ادوات جديدة للصالون وشامبوهات وكريمات للوجه لتحسين وضع محلها وتطويره
زبائنها هم من محيطها وجيرانها

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

  • $5,900
    Average annual income
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Manal to purchase wares for beauty salon.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012