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Hassan
Hassan, 20 years old, lives in Bint Jbeil, southern Lebanon. Hassan has been working as a hairdresser for five years. He is requesting a loan from Al Majmoua in order to purchase beauty products for his work. This is his second loan request after having successfully repaid his previous loan.

Hassan is recognized for his work because of his skill and talent. His clients are his friends and neighbors. When Hassan started his business, he had financial difficulties. However, he decided to pursue his business because of his experience. In the future, he plans to expand 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

  • $15,800
    Average annual income
  • 94
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • 1,502.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to purchase beauty products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010