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Imad
Imad is a 29-year-old married man, and father of one child. He has been working in the agriculture business since 2008. His business is doing just fine depending on the market's needs, but his family's requests are increasing. To cover their needs, Imad and his wife considered applying for a YOUTH LOAN from Kiva's partner Al Majmoua, in order to start a small business for his wife. She likes to sell beauty cosmetics at her house, because she has a lot of friends, neighbors and relatives who are interested in such products.

He is very optimistic about this step because he believes in his wife's skills and customer service. He hopes that the future loan will be invested in opening a shop for his wife instead of working from home.

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
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,963,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Imad to start a new business for his wife.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014