Check out some available loans that are similar to this one!
Imad
Imad is an 18-year-old single man who has been providing Internet services to his villagers since four years ago. He was only fourteen years old when he started his own business, to help his parents in their living. He is the sole breadwinner in his family, and is responsible for the living of two persons in his family.

Imad is applying for a Youth Loan from Kiva's partner, Al Majmoua, to update his Internet network in order to keep his customers pleased and satisfied. He also provides hookahs for his customers as an additional income, in addition to a pool table, which diversifies the business for the customers’ needs and requests.

Imad hopes to expand his business more and more in the future to attract more customers and increase his income.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Imad to update his Internet network, in order to keep his customers pleased and satisfied.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014