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Hassan
Hassan is a 25-year-old married man, owner of an agricultural tractor that is his essential source for living.

Hassan is a hardworking man with a good reputation in the area. Hassan has worked in this business for 15 years. He was very young when he started this business to help his parents in their living.

Hassan didn't live a very happy childhood since he was supposed to help his parents instead of playing and enjoying his time with his friends.

Agriculture filled his childhood. That's why he is an expert in his field. He also works in construction, in cement work, to make extra income.

Hassan is working hard to help his own children avoid the hard childhood he experienced. To improve his business, Hassan applied for a youth loan from Kiva partner Al Majmoua, in order to do necessary maintenance for his tractor, which he has to take care of because it represents his whole business.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to do necessary maintenance to his tractor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013