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Aline
Aline is a 37-year-old married mother of two children who has been working as a hairdresser and make-up artist for eighteen years. In 2012, Aline established her current business to support her family in their living and accompanying her husband in covering their children's increasing needs.
Her long experience in this domain gave her customers trust and support. Aline is acquiring a loan from Kiva partner Al Majmoua, to change her salon's interior design, to buy new make-up tools, and newly released collections that are highly requested to develop her business and satisfy her customers' needs.

Aline is very anxious and excited about this loan, and she will work hard to keep on developing her business to make sure that her beloved children will benefit from the best education and living needs.

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

  • $5,900
    Average annual income
  • 106
    View loans »
    Lebanon Loans Fundraising
  • $15,368,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,000 helped Aline to change her salon's interior design, to buy new make-up tools, and newly released collections that are highly requested to develop her business and satisfy her customers' needs.
77% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 20, 2014
Currency Exchange Loss:
N/A