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Imad
Imad is a 22-year-old single Palestinian Refugee who has lived and workd in a Palestinian camp in Lebanon since he was born.
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.

Additional Information

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.

Tags

About Lebanon

  • $15,800
    Average annual income
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Imad to continue building his own house.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015