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Sylvana is a 29-year-old married woman, mother of one child. She has been working as a hair dresser for ten years. She works from her house to make sure that she is taking care of her family and business at the same time. She is well known in the region, with her good reputation and talent.

Most of her customers are friends, relatives and neighbors.

Sylvana is applying for a youth loan from Kiva's partner Al Majmoua, in order to buy a special chair and wigs necessary for her business, because she is planning to have brides as clients.

Sylvana hopes to develop her business in a way that she can open her own beauty salon outside her house to keep her customers pleased and her family relaxed.

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
  • 75
    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 $1,000 helped Sylvana to buy a special chair and wigs necessary for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 18, 2013
May 20, 2013
Currency Exchange Loss:
Feb 17, 2014