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Manal
Manal is a 26-year-old married woman who is a mother of one child. She has been working in the beauty business from her house for six years, but today she is working hard to develop and expand her business in a well-managed way.

Manal is applying for a youth loan from Kiva's partner Al Majmoua in order to buy a special cosmetics bed and tools, in addition to necessary facial treatments, that will improve her work and develop her skills.

Manal is a hardworker, well-known in her region for her special customer service and goodwill to expand and develop her work in a well-managed way to keep both her family and customers pleased and satisfied.

Manal hopes to be financially capable of opening her own beauty salon in the future.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    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 buy necessary business needs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
May 24, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014