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Hassan is a 24-year-old single man from Bint Jbeil, working as a blacksmith since 2005, with nine years of experience. His experience is his strong point among competitors. Hassan is requesting a loan from Al Majmoua in order to buy a cutting disc necessary and important for his business.

Cash flow was the major problem he faced at the beginning of his business, but he got Al Majmoua's help and it was a great benefit. Hassan hopes to get help this time because he believes he can succeed and improve his work for the better if he gets the suitable support.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • 1,500.1
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Hassan to buy a cutting disc necessary for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 12, 2010
Oct 20, 2010
Currency Exchange Loss:
Feb 15, 2012