Imad has worked as a barber since five years ago. He was only seventeen years old when he started working to help his parents in their living and to cover his needs.
In 2009, he opened his current barber shop, and he is very satisfied with what he achieved until now, but he is working hard on developing and improving his business more and more to increase his income and develop his living.
Imad is acquiring a loan from Kiva partner, Al Majmoua, to continue building his future house inside the camp. Imad hopes to move his business outside the camp, so that he can increase his set prices and customers, in addition to providing extra services to his customers.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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