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Nancy is a 23-year-old single woman, who has been working as a hairdresser since she was fourteen years old. Nancy is a Palestinian refugee who lives and works in a Palestinian camp. Her dream is to develop her business, and open a beauty salon in the future which will improve her and her family's social and financial situations.
In addition to being a hairdresser, Nancy also sells beauty cosmetics, perfumes and accessories for her customers, to increase her income. To reply widely to her customers' needs with a wide range of newly-released beauty cosmetics and perfumes, Nancy is applying for a YOUTH LOAN from Kiva's partner Al Majmoua, and is very excited to take this step forward.

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
  • 86
    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 Nancy to increase her business capital with newly-released cosmetics and perfumes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 7, 2013
Apr 6, 2013
Currency Exchange Loss:
Apr 16, 2014