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Hasan
Hasan is 35 years old and married. For the past 11 years, he has been working as a barber and he works hard to expand his business. That’s why he is requesting a loan from the Kiva partner Al Majmoua to buy necessary hair and beauty products for his shop. He will also use his loan to buy new furniture for his home.

Hasan works hard to fulfill all his family’s needs and desires and to accomplish the best. In the future, he hopes to become one of the most famous barbers in his area. Hasan is working hard to make extra space to add new products, such as gel and perfume, to his shop to increase his income and cover most of his expenses.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    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 hair and beauty products for his shop and furniture for his home.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jul 9, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012