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Nahi is a 23-year-old man who lives in Beirut, the capital of Lebanon. Nahi has owned a barber shop for almost two years now. He sells beauty products.

He is special in his work because he knows how to treat his customers and his clients feel comfortable going to him because he offers a lot of services. Most importantly, he is good in his work and is aware of the new hair style fashions. When he first started his business, he didn’t face difficulties beause he already had faithful customers from his previous job. He decided to start his business because he gained experience and wanted to have an independent workplace. His clients are his friends, neighbors and tourists.

He has requested a loan from Al Majmoua to purchase beauty products and make some décor changes. This is his second loan and he has always paid on time.

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

  • $15,800
    Average annual income
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nahi to purchase beauty products and make some décor changes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 16, 2010
Apr 12, 2010
Currency Exchange Loss:
Apr 15, 2011