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Hassan
Hassan is a 44-year-old married man, the father of four children. He has been a barber for 27 years. Hassan is always smiling and optimistic, and he works hard to make sure he can meet almost all of the needs of his children. Hassan applied for a loan from Kiva's partner Al Majmoua in order to pay for his children's supplemental school charges and school supplies. He will also add a bedroom for his children, to make sure that they have healthy living conditions. Hassan works on attracting the attention of his customers to cosmetics products they may need, which will increase his income and improve his standard of living. He hopes to keep on improving his business as much as he can, to take it to a higher level.

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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hassan to pay for his children's supplemental school charges and school supplies, and to add a bedroom.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013