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Hanan is a 21-year-old single lady who has worked in selling clothes since a year ago. Her business is going just fine but she needs an external financial push to support it and diversify its products to respond better to customers' needs.

Hanan is applying for a youth loan from Kiva's partner Al Majmoua in order to start new perfumes and accessories selling sectors. These additional sectors will attract her customers' attention and increase her income.

At the beginning she had problems while starting her business because she wasn't capable of finding a shop at the main road to attract foreign customers, but since a year ago her number of customers has been increasing because of her customer service and special reputation in her region.

She hopes to open in the future separate perfumes and accessories specialized shops and develop her business more and more in her region and the neighboring ones.

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
  • 33
    View loans »
    Lebanon Loans Fundraising
  • $19,527,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hanan to start new perfumes and accessories selling sectors.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 13, 2013
Currency Exchange Loss:
Oct 17, 2014