Check out some available loans that are similar to this one!
Bassel is a 25-year-old single man, who has been working selling nuts since seven years ago. He started his own business in 2010, at the same shop where he used to work as an employee. It's a good step forward, because he already has a good customer-base to continue from, and to expand instead of starting from the zero point.

He is working on increasing the product diversity and replying to customers needs. That's why he is applying for a YOUTH loan from Kiva's partner, Al Majmoua, to increase his roastery capital with special Chinese and Japanese nuts that will attract customers' attention and increase his income.

He is looking forward to keep developing his business to improve both his social and financial situations.

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
  • 140
    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 $1,500 helped Bassel to increase his roastery capital with special Chinese and Japanese nuts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 28, 2013
Apr 29, 2013
Currency Exchange Loss:
May 17, 2014