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Nabil is 24 years old and married with a son. He works in a barber shop and has been doing this for 11 years. He loves his work and can develop it and increase the number of clients due to his intelligence and his innovative work. With this loan he wants to purchase new stock and change the décor of his shop so that he can attract more customers. He has experience and skill in his work but is impeded by lack of financiA. capitA.. He also aspires to open a new car hire business. He has customers from his neighbours and relatives and has the full support of his family who encourage him to develop and progress for a better future.
نبيل عمره 24 سنة متزوج وله ولد يعمل في صالون تزيين رجالي له في عمله 11 سنة يحب عمله ويستطيع ان يطوره وان يزيد من زبائن بفضل ذكائه وعمله المبتكر يريد من خلال طلب قرض من المجوعة الى شراء بضاعة جديدة وتغيير ديكور المحل حتى يتمكن من زيادة عدد الزبائن له مهارة كبيرة وخبرة في عمله لكن ما يعيق تقدم العمل عنده هو النقص في رأس المال يطمح بأن يفتتح مصلحة جديدة له وهي تأجير السيارات له زبائن من جيرانه واقاربه وهو يلقى دعم كبير من عائلته التي تشجعه على التطور والتقدم في العمل وفي خطة تحسين المستقبل

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
  • 124
    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 Nabil to purchase new stock and improve the décor of his barber shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 11, 2011
May 10, 2011
Currency Exchange Loss:
Aug 16, 2012