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Hassan is a 45-year-old married man and father of four beautiful children. He has owned a shoe sales shop since 1996. Hassan's business is going well, since most of his prices are affordable to most of his customers. Almost 90% of his customers are his villagers, but sometimes their friends and relatives are his customers too.

Hassan is a hardworking man. He is applying for a loan from Kiva partner Al Majmoua in order to increase his merchandise for the coming Winter & Christmas Season. Hassan is optimistic that this Christmas season will generate considerable income and that he will be able to expand his business more and more in the future, either by opening another branch or by starting wholesale trade.

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
  • 126
    View loans »
    Lebanon Loans Fundraising
  • $16,611,100
    Funds lent in using Kiva
  • 1,502.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Hassan to increase his merchandise for the coming Winter & Christmas Season.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 25, 2011
Nov 25, 2011
Currency Exchange Loss:
Jun 17, 2013