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Hassan is a 21-year-old single man who has worked in construction for 5 years. He started his business at a young age to help his family cover their expenses. Hassan is specialized in installing tiles and he's talented enough to advise customers with the best quality of products.

Hassan is a hard worker. He is requesting a loan from Al Majmoua, for the third time, in order to buy a special lift necessary for his business. The lift will move tiles from one floor to another, which will help Hassan complete his work in a shorter period of time. Hassan is a good standing borrower. He hopes to have a small family of his own and provide his children with the best education ever since he didn't get the chance to finish his.

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
  • 92
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • 1,514.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to buy a special lift to move tiles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 20, 2011
Jul 15, 2011
Currency Exchange Loss:
Jul 15, 2012