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Al Kinan Group
In this Group: Amira, Renee, Layal
Amira is the featured borrower of Al Kinan group. She joined with her other group members to acquire a Youth loan from Kiva partner Al Majmoua, because they have always been neighbors and friends.

Amira is a 26-year-old married mother of one child, who works as a hair dresser to help her husband in making their living and cover their child's expenses. She is a hard worker who puts in a lot of effort to support both her husband and business at the same time, to make sure that everything is going just fine.

Amira's acquired loan will be invested in increasing her hair color collection, and buying a new hair cutting chair to improve and develop her work easily. She is the one seated in the middle. As for the other group members, Renee is the one on the far left of the picture, and Layal is the one seated on the right.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Lebanon

  • $15,800
    Average annual income
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $17,414,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Al Kinan Group's $2,200 loan helped a member to increase her hair color collection, and buy a new hair cutting chair to improve and develop her work.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 22, 2013
Aug 25, 2013
Currency Exchange Loss:
Jun 17, 2014