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Hassan
Hassan is a 34 year-old man who recently got married. He is a car mechanic and is planning to buy second-hand auto parts and accessories.



Thus, Hassan is asking for a loan from Al Majmoua. This is the third time Hassan has applied for a micro-credit from the association. Hassan is a trustworthy and reliable entrepreneur who is eager to continue his relationship with Al Majmoua.

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
  • 40
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hassan to buy second-hand auto parts and accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 3, 2008
Listed
Jan 20, 2008
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2009