Check out other loans that are currently fundraising!
Hasan
Hasan is a 28-year-old single man from Tayouneh. Hasan has owned a coffee shop since 2009 and has five years of experience. This is his first time requesting a loan from Al Majmoua, and it’s because he wants to buy an espresso coffee maker that's better than the small one he has now, which he thinks is necessary for improving his business. His clients are his friends, relatives, neighbors, and passersby. Hasan seeks a secure living. He hopes one day he can expand his business and make a small happy family.

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
  • 94
    View loans »
    Lebanon Loans Fundraising
  • $15,275,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hasan to buy an espresso coffee maker that's better than the small one he has now, which he thinks is necessary for improving his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Nov 30, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012