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Mohamad Hassan
Mohamad Hassan is a 20-year-old married man living in Bint Jbeil with his wife and single child. He has worked painting houses since 2007, and he's good at what he does.

This is the second time Mohamad Hassan has requested a loan from Al Majmoua, and this time it's for buying a Rapid, a useful car for his business, that will help him in transporting all his tools in a short time, which will make his business more successful.

His clients are from his village and from nearby villages. At the beginning Mohamad Hassan faced financial problems that changed with Al Majmoua's help, and he's sure that this loan will bring him a lot of the success he's seeking.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • 1,500.1
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Mohamad Hassan to buy a car useful for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 16, 2012