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Zeinab
Zeinab is a 25-year-old married woman and a mother of two children. She has been working in the beauty business for six years. Zeinab specializes in tattoos and make-up. She doesn't have her own beauty salon – rather she works by appointment in her friends' hairdressing shops.
Zeinab feels that it's almost time to settle down and improve her business, since she now has a good number of customers who trust and deal with her.
Today, Zeinab is applying for a youth loan from Kiva partner Al Majmoua in order to open her own beauty salon. The loan will help to furnish the salon and buy the necessary tools and machines to start a new business.
Zeinab is sure that she will succeed because of her talent and her customers' loyalty.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $16,124,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Zeinab to open her own beauty salon.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2012
Listed
May 6, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013