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Hassan
Hassan is an 18-year-old single man who has been working at fixing and selling glass for eight years. He opened his own business in 2010. Hassan was only ten years old when he had to quit childhood and get involved in a business field in order to help support his family. He misses his childhood, and that's why he works hard to develop his business - to make sure that his future family, if he has one, won't suffer the same as he did.

Hassan applied for a Youth Loan from Kiva partner Al Majmoua in order to buy a big quantity of glass from the wholesale market to expand his business. This loan will help a lot in expanding his business, and will surely increase his income. He hopes to diversify glass colors and types to fit with customers' 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

  • $15,800
    Average annual income
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hassan to buy a big quantity of glass from the wholesale market to expand his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013