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Hassan
Hassan, 34 years old, is married and has two children. He has worked as a taxi driver for 13 years. Hassan is a Palestinian refugee who works hard to provide his family with the best life, especially as they live in a Palestinian camp, which he hopes to be able to afford to leave one day.

Hassan is applying for his first loan from Kiva partner Al Majmoua in order to perform necessary maintenance on his rented car because it is his only source of income. Hassan is very excited for this loan since Al Majmoua is the only Lebanese NGO who supports the Palestinian refugees and because he has to make sure to keep his business going. Hassan can't afford to buy a car of his own, so he has to take good car of the available one. He hopes to buy his own car and a public driving plate in the future.

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
  • 85
    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 $700 helped Hassan to do the necessary maintenance on his rented vehicle.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013