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Hassan is a 60-year-old borrower from Lebanon. He has 25 years of experience as a butcher. He is married and has one son who is 23 years old. He is proud of the high quality of products he sells. He sells different varieties of meat and chicken. He believes that his honesty with customers has been important to his success. He notes that the competition in his locA. area has presented some challenges to his work. His main customers are friends and neighbors.

He is requesting a loan of US$ 1500 from Kiva partner, A. Majmoua. He plans to purchase more cows with this loan. He hopes to continue to improve his work in the coming year. This will be his first loan from A. Majmoua.

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
  • 107
    View loans »
    Lebanon Loans Fundraising
  • $16,217,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hassan to purchase more cows to slaughter.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 5, 2010
May 28, 2010
Currency Exchange Loss:
Jun 15, 2011