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Ferial is a 20-year-old single lady who has worked in selling accessories for six years ago to improve her living conditions. In parallel to her existing job, she is employed in a beauty shop, where she works hard to develop her business and improve her living situation. Her boss gives her permission to run her business from his shop, because he likes to have his customers pleased, and at the same time this new existing business attracts new customers.

To increase her business merchandise with a special released accessories collection, Ferial is acquiring a Youth loan from Kiva partner Al Majmoua.

She hopes that one day she will be financially capable of opening her own accessories-selling shop.

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
  • 37
    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 $1,500 helped Ferial to increase her business merchandise with special released accessories collection.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Aug 22, 2013
Sep 28, 2013
Currency Exchange Loss:
Jan 17, 2015