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Kassem is a 29-year-old married man, and the father of one child. He has been working in the construction business specializing in house painting for the past eight years. In 2007, he started working on his own to increase his income and develop his living. Kassem is applying for a YOUTH loan from Kiva's partner Al Majmoua, in order to buy new released tools for his business in addition to new colors and types of paint. This loan will help him to develop his business and increase his income. His experience in this field has provided him with customers' trust and support; that's why he has to keep his business updated to keep on replying to his customers' needs. He hopes to provide his child with the best education, since due to his parent's financial situation he didn't have the chance to study the major of his choice.

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
  • 125
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kassem to buy new released tools for his business in addition to new colors and types of paint.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 28, 2013
Apr 29, 2013
Currency Exchange Loss:
Feb 17, 2014