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Hashem
Hashem is a 35-year-old man who lives in Beirut, the capital of Lebanon.

Hashem has owned a clothing shop since 1999. He sells, T-shirts, pajamas, sportswear, etc. He has requested a loan of 2,000 US dollars from Al Majmoua in order to purchase merchandise since the winter season is coming. This is the first time that he has requested a loan.

Hashem is special in his work because he offers a big variety of clothes. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on doing his business because of his experience since he used to work with his father. 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

  • $15,800
    Average annual income
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hashem to purchase seasonal clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 14, 2009
Listed
Sep 7, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010