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Yasmine is a 25-year-old single woman who has worked as a hairdresser since five years ago. Yasmine's responsibilities are very big since she is responsible for five of her family members which forces her to develop her business more and more.

Yasmine is acquiring a YOUTH loan from Kiva's partner Al Majmoua in order to buy newly released hairdressing tools and beauty cosmetics that will help in developing her business, pleasing her customers, and increasing her income.

Her house is her beauty salon because she doesn't have enough capital to open a separate one. As for her future plans, moving her business outside her house will be the first step to take.

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
  • 74
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Yasmine to buy newly released hairdressing tools and beauty cosmetics that will help in developing her business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 10, 2013
Jul 12, 2013
Currency Exchange Loss:
Jul 17, 2015