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Hassan
Hassan is a 37-year-old entrepreneur, who is married and has 3 children. He has been renting a shop to design and sew curtains since 2008. Due to his years of experience in this industry, he has a broad customer base that includes friends, neighbors, and professional contacts. Hassan is extremely proud of his work and believes that it is his experience that has helped him succeed.

He is requesting a loan from Kiva partner, Al Majmoua. He is planning to use the loan to purchase new curtain accessories that suit the new designs requested by most of his clients, in addition to doing some decorations to his shop, necessary to attract new customers. This will be his first loan from Al Majmoua. In the future, Hassan hopes to further expand his business.

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
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hassan to buy new curtain accessories and do some necessary redecoration on his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 13, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012