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Abdallah is a 29-year-old, single man. He has been working as a barber since twelve years ago. In May, 2012, he opened the present shop, and he is working hard to develop it to fit with his customers' needs and requests.

Abdallah is acquiring a Youth Loan from Kiva partner Al Majmoua, to make necessary maintenance to his shop's chairs. He may use part of the loan to buy a new living room for his parents' house.

He is working hard to keep on developing his business in a well-managed way, and to keep on supporting his family's socioeconomic situation.

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
  • 136
    View loans »
    Lebanon Loans Fundraising
  • $16,673,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdallah to make necessary maintenance to his shop's chairs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 25, 2013
Aug 26, 2013
Currency Exchange Loss:
May 17, 2014