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Hassan
Hassan is a 53-year-old married man and the father of three children. He has worked in selling home products since 14 years ago. He is a hardworking man with a good reputation. He has improved his business in a very professional way, depending on his customers' needs and requests.

This is Hassan's second loan cycle with Al Majmoua. Just like with his previous loan, Hassan will invest this requested loan in increasing his capital through buying new merchandise requested by his customers. This will have a good benefit for him.

Hassan had cash flow problems at the beginning, but now he's more organized and aware of every step he makes, and that's all because he has a loving family he has to take care of.

Hassan hopes to improve his business through expanding his shop and adding new products.

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
  • 52
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    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 increase his merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012