Check out some available loans that are similar to this one!
Kassem
Kassem is a 27-year-old single man who has run an Internet café with his father for more than eight years now. He offers Internet access and a digital gaming network to his customers, who are mostly teenagers. Throughout the years, he succeeded in building a respectful reputation for his place, whilst maintaining quality service and competitive prices.

Kassem is always keen on developing and expanding his business. He has already saved some money, and he is applying for a Youth Loan from Kiva’s partner, Al Majmoua, to complete what he needs. He will use the loan to pave the entrance to his shop and to buy new computers for $550 each.

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

  • $5,900
    Average annual income
  • 23
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Kassem to buy new computers for his Internet cafe and pave the entrance.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013