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Moustafa is a 45-year-old man, married and father of 3. He owns a hairdresser shop in a small village close to Nabatieh in South Lebanon. Moustafa needs a loan for an amount of USD 1,200 to purchase shampoo, gel, creams to be displayed in his shop. This is the first time that Moustafa has requested a loan from Al Majmoua.

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
  • 151
    View loans »
    Lebanon Loans Fundraising
  • $17,516,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Moustafa uSD 1,200 to purchase shampoo, gel, creams to be displayed in his hairdresser shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 28, 2008
Jul 1, 2008
Currency Exchange Loss:
Aug 15, 2009