Check out some available loans that are similar to this one!
Nawal is a 24 year-old married mother of one child living in a village in the Bekaa Valley. She works as a hairdresser, based in her own house. Her husband is an employee in a company. Nawal decided to contact Al Majmoua and acquire a youth loan in order to enhance her business. In fact, the loan would provide her with a new work kit and make up kit that is up to date with the trends of the market. As for the future, Nawal wishes to open up her own beauty salon.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nawal to buy new work kit and make up kit that is up to date with the trends of the market.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 17, 2013
Jul 22, 2013
Currency Exchange Loss:
Jul 17, 2014