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Hassan
Hassan is a 29-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their two children. Hassan has been working in agriculture since 2005. He owns livestock and also plants some fruits and vegetables.

He requested a loan from Kiva's partner Al Majmoua in order to purchase a cow to increase his livestock. This is the first time he has requested a loan. Hassan is special in his work because he does his best to produce the best quality. His clients are people from his region. When he first started his business, he didn’t use to produce as much as he does today. Hassan decided on doing his business because of his experience. In the future, he plans to keep on expanding his work by producing more.

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
  • 40
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • 1,503.1
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hassan to purchase a cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Apr 20, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012