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Youssef is a 36-year-old married man, the father of one child. Since 1998, Youssef has been working as a barber. His business is doing well-enough to cover his family and business expenses. Youssef is a hardworking man with a good reputation.

He is applying for his first loan with Kiva partner, Al Majmoua. He wants to please his customers by renovating his shop. He is optimistic that through this loan he will attract new customers and increase his income. Youssef works hard to provide his family a healthy living. He hopes to start special treatment department in the future.

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
  • 147
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Youssef to do necessary renovations in his barber shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 9, 2012
Jan 30, 2012
Currency Exchange Loss:
May 17, 2013