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Hassan
Hassan is a 44 years old married man from Bint Jbeil and father of 4 children. Hassan has worked in car repairs for 20 years. His major business is changing car lubricants and repairing the cars air conditionners. Hassan is requesting a loan for the first time from Al Majmoua in order to increase the business capital. His clients like his work a lot. He hopes to expand his business to let his children benefit from it.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • 1,503.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to increase his capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011