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Hassan
Hassan has been producing agrifood products since 2007. Hassan is a 59-year old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their four children. Hassan has requested a loan of $1000 US from A. Majmoua in order to purchase merchandise for his work. This is the first time that Hassan has requested a loan.


Hassan is known for the good quality of his products. His clients are friends, neighbors and people from his region. He has not faced any difficulties since he first started his business. Hassan decided on this business because he wanted to work independently. In the future, he plans on expanding his business.

Additional Information

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

  • $5,900
    Average annual income
  • 64
    View loans »
    Lebanon Loans Fundraising
  • $15,673,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to purchase merchandise for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010