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Bassel is 28 years old and single. He works in a barber shop for men and he has six years of experience in this line of work. He likes his work and is always looking for ways to develop his business. He would like to improve his material circumstances and his social status because he would like to start a family. He is well-liked by his work community. He has many customers from his community and his neighborhood. With a loan from al-Majmoua, Bassel would like to buy some salon chairs as well as the gold required in his society for an engagement. He very much wants to go through with the engagement process soon, as he would love to start a family in the near future.
باسل عمره 28 سنة اعزب يعمل في محل للحلاقة رجالي له في عمله 6 سنوات يحب عمله ويريد دائما تطويره وتحسينه يريد دائما تحسين ظروفه المادية والاجتماعية فهو يسعى جاهدا الى تأسيس عائلة محبوب من محيطه العملي له زبائن كثر من محيط ضيعته وجوارها يريد من خلال طلب قرض من المجموعة الى شراء كرسي للحلاقة و شراء ذهب للخطوبة فهو يسعى الى هذه الخطوة وذلك من حبه الى تكوين عائلة

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
  • 95
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Bassel to buy several new salon chairs for his barber shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 28, 2011
Apr 13, 2011
Currency Exchange Loss:
Apr 15, 2012