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Salam is a 29-year-old single man who has been working in the cake business for thirteen years. His shop is well known in his region for the special tastes he provides to his customers and for his special competitive prices.

Salam is acquiring a YOUTH loan from Kiva partner, Al Majmoua, to increase his business merchandise with special raw materials. He will need a lot in order to prepare for the Christmas and New Year's celebrations. Salam is working hard to open another branch and to expand his business.

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
  • 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 loan of $2,000 helped Salam to increase his business merchandise with special raw materials to be prepared for the Christmas and New Year's celebrations.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 14, 2013
Dec 9, 2013
Currency Exchange Loss:
Dec 17, 2014