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Taghrid
Taghrid is a 25-year-old, single woman. She has been working as a hair dresser, from her house, since 2010. Taghrid has 10 years of experience in this field. She is a Palestinian refugee. Almost all of the Palestinian refugees living in Lebanon have to require their children to begin working early, to help the family in making their living. This was the case for Taghrid, who was only 15 years old when she had to start working.

Taghrid is determined to expand and develop her business; that's why she requested a Youth Loan from Kiva's partner, Al Majmoua, to make this step forward. With the money from this loan, she will open a separate beauty salon, outside her parents' house, to help her customers be relaxed and to expand her working area.

She hopes to keep on developing her business, which will impact positively her family's social and financial situations. She hopes that one day, she will be able to move her business and earn her living outside the refugee camp.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Taghrid to buy the tools and products she needs to open a beauty salon outside her parents' house, where she works now.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014