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Zeinab
Zeinab is a 26-year-old single lady who has worked in the beauty business for the past eight years. In 2009, she opened her own beauty salon to improve her earnings and her socioeconomic situation. Zeinab works hard, loves her work a lot, and seeks perfection. She studied at a technical school to teach kindergarten but has found herself in the beauty business. Zeinab hopes to develop her business to make it number one in her area.

Zeinab is requesting a youth loan from the Kiva partner Al Majmoua to buy a special tanning machine that is requested by her customers. Acquiring this machine will add value to her business and attract new customers in the region who are seeking such a service.

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
  • 76
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Zeinab to buy a special tanning machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014