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Manal
Manal is a 25-year-old single woman who has been working in the beauty business for six years. Manal likes her business a lot and puts as much effort in developing it as she can to make sure that her customers are pleased.

Manal is applying for a YOUTH loan from Kiva's partner Al Majmoua, in order to make new decoration and do some maintenance to her salon, to attract new customers and to please current ones.

Manal has a very good reputation in her area. She is well known because of her long experience in this field and in her region. Almost all of her customers are relatives, friends and neighbors who support and trust her a lot.

Manal will work hard to keep on developing her business, to expand it and add new services that will please her 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

  • $5,900
    Average annual income
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Manal to make new decoration and do some maintenance to her salon.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 5, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014