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Hani
Hani, 45, is the married father of three children. He has been working in clothing sales for 24 years. In 2005, he opened his current shop selling women's clothing and accessories and he is so happy with the number of visitors. Hani is very proud of himself because through the good quality products he is selling, he is attracting more and more customers.

Hani is applying for a loan from Kiva partner Al Majmoua in order to change the external brick canopy outside his shop before the fall and winter seasons. This change is very necessary both to improve the image of his shop and at the same time to attract customers hiding from the rain under it, as they will definitely look inside and pay attention to the beautiful collection he sells.

This is Hani's third cycle as a Al Majmoua borrower. His previous loans helped a lot in improving his business and he was a good standing borrower. He hopes to meet his customers expectations and more.

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Hani to change the external brick canopy outside his shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013