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Hassan
Hassan is a 41-year-old married man, who has been working in house painting for the last twelve years. He is a hard worker, who sacrifices his whole life to provide for his family's needs.

Hassan is well known in the region with his good quality of work and accurate business. To improve his work and to update his type of work with all the new painting techniques, Hassan applied for a loan from Kiva partner Al Majmoua, in order to buy necessary tools for his business.

In addition to his painting business, Hassan is employed at the KFC to support his family's income, in case work wasn't stable.

Hassan will also use part of the loan to support his son's travel to Germany in the coming weeks.

He hopes that one day his business with develop and improve a lot in a way that he can bring his son back home, and afford his living expenses.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Hassan to buy tools for his painting business.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
N/A
Expired:
Jul 9, 2012