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Hassan
Hassan is a 45 year-old entrepreneur from Lebanon. He is a married man and has four children to sustain. Hassan is a dedicated construction worker who works on projects on the request of clients. He specializes in tiles; he cuts them and then places them.


In order to improve his business he has requested a loan for the first time from Al Majmoua to buy a tile cutter and to buy diesel for his generator (the electricity is shut down daily so in order to continue his work he needs a generator).


When he first started his business he didn’t have use of a wide network but he knew on how to prove himself and make himself known. In the future Hassan plans to keep on improving his work.

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
  • 71
    View loans »
    Lebanon Loans Fundraising
  • $15,848,850
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Hassan to buy a tile cutter and diesel for his generator.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 17, 2010
Listed
May 12, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 30, 2011