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Hasan is a 23-year-old single man living in Tyre. He has been working as fruit-and-vegetable dealer for 11 years. He worked hard to open his business and improve it over this period. His customers include fruit-and-vegetable retail dealers in addition to friends and other community members.

Hasan is an honest man with a good reputation and good customer service.

Hasan is requesting a loan from Al Majmoua, a Kiva partner, in order to enlarge and improve his business through buying vegetables and fruits with special prices; through its income, Hasan will be capable of paying for the rest of his house.

Hasan hopes to expand and succeed more in his business. He hopes to make a small, happy family of his own, too.

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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Hasan to expand his business through buying more products with special prices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 6, 2011
Jul 3, 2011
Currency Exchange Loss:
Jul 15, 2012