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Hassan
Hassan is a 44-year-old married father of six children. Eight years ago, he started up his mechanics business, opening up a garage servicing car repairs, auto parts and motor lubricants. Besides offering competitive service, such as authentic German car parts, Hassan has gained his customers’ trust and loyalty from his work ethics and friendly attitude. He is applying for a loan from Kiva’s Partner, Al Majmoua, for his business supplies’ purchases of parts, oils and other products.

Hassan’s entrepreneurial spirit was his main drive to establishing his business which has been his main source of income to support his family and his children’s increasing needs.

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
  • 49
    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 purchase parts, oil and other products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013