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Alaa is a 22-year-old married man and the father of one child. He has been working in the coffee business since he was six years old. He didn't live a normal childhood or have much time to play because he had to take responsibility for his life and earn a living while still very young. Alaa is a hard worker who puts much effort into improving his business so that he can increase his income and improve his family's living conditions. He is applying for his second youth loan from Kiva partner Al Majmoua in order to buy materials for his business, including cups, spoons and bags, in addition to sugar and other items. His previous loan helped him increase his income by selling a greater variety of hot drinks. He hopes to provide his family and especially his child with best childhood ever and will make sure that educating him is his top priority, since he didn't get the chance to even finish his elementary education.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    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 buy materials for a beverage-selling business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Oct 23, 2012
Nov 21, 2012
Currency Exchange Loss:
Mar 17, 2014