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Alaa is a 23-year-old single woman. She is a beautician who owns her own salon which has a number of clients from around her neighborhood. Alaa holds a university degree and a technical degree in beauty, hairdressing and make-up with over six years of experience as a beautician.
She believes that more growth can be made in her business, so she is acquiring a YOUTH loan from Kiva’s field partner Al Majmoua to increase her current inventory of beauty products, hair colors, accessories and hair dryers. In the future, Alaa intends to open a larger salon, allowing her to hire a couple of employees who will support her in her business development and she might open a beauty technical school in her community.

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
  • 175
    View loans »
    Lebanon Loans Fundraising
  • $17,477,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Alaa to increase her current inventory of beauty products, hair colors, accessories and hair dryers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
May 29, 2014
Jul 1, 2014
Currency Exchange Loss:
Oct 17, 2015