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Zahar
Zaher is 35 years old and the father of one child. Zaher lives in the Mount Lebanon region, near the town of Aley. A hairdresser by trade, Zaher owns a salon for women. Zaher believes that a confident vision for the future is essential to the success of his business, and has recently asked for a loan of $1000 improve the decoration of his salon, as well as to purchase several new salon chairs. Zaher is confident that these improvements will increase his client flow. Over his past four loan cycles, Zaher's honesty and punctuality with his payments have helped him earn the trust of Al Majmou's loan analysts.

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.

About Lebanon

  • $5,900
    Average annual income
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Zahar to help fund the purchase of new salon chairs and decoration for Zahar's salon.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 16, 2008
Listed
Oct 1, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009