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Hassane
Hassane is a 25-year-old married man, who has been working as an electrician since 2005.

He is talented in his business and most of his customers recommend him to others. Hassane is a hardworking man, he has developed himself and seeks to improve his business as much as he can.

Most of Hassane's customers are constructors in addition to his neighbours, relatives and friends.

Hassane is applying for a loan from Kiva partner Al Majmoua, in order to buy the necessary products and tools for a new project he is going to work on.

Hassane is experienced in Al Majmoua loans, with a previously requested loan, which reflected positively on both his social and financial situations.

Hassane hopes to expand his business in the future through opening a special electric maintenance company.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hassane to buy the necessary products and tools required for a new project.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Dec 30, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013