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Rana is a 26-year-old married woman who is the mother of one child. She works in a beauty salon to help her husband make a living. Rana is a hard worker who is recommended by most of her customers. She dreams of opening her own beauty salon instead of working for others, but her financial situation doesn't let her make her dream come true. Rana also uses her car to visit her own customers in their homes to provide requested salon services. She needs transportation to continue to provide her mobile beauty services.

Rana is requesting a youth loan through the Kiva partner Al Majmoua to maintain her car until she's able to buy a new one. This will be Rana's second loan cycle from Al Majmoua. She used her previous loan to purchase materials needed to support her mobile beauty business.

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
  • 177
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rana to maintain her car.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 16, 2013
Currency Exchange Loss:
Dec 17, 2013