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Rasha
Rasha is a 24-year-old unmarried woman, who has been working in the beauty business for five years. Three years ago, her father helped her in starting her own business by giving her his own shop to turn into an attractive beauty salon of her own.

Rasha is a hard worker and is well-known in the region for her special talent in her domain. To continue to meet her customers' requests, she is applying for a youth loan from Kiva Field Partner, Al Majmoua, to buy a newly released nail color collection. She also needs to pay for preparations for her wedding, which is going to be soon.

Rasha is planning to keep on expanding and developing her business to keep her customers satisfied and to attract new customers.

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
  • 123
    View loans »
    Lebanon Loans Fundraising
  • $16,262,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rasha to buy a newly released nail color collection and pay for her wedding preparations.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014