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Hanan
Hanan is a 38-year-old married woman and the mother of four children. She has been providing educational services since seven years ago. Hanan helps her husband a lot in covering their children’s expenses through teaching students at her house.

Hanan is applying for a loan from Kiva partner Al Majmoua in order to buy a car that will help her expand her working zone through going to nearby villages on weekends and providing special educational services.

Hanan is well known for her special reputation and hard work. This is her second cycle as an Al Majmoua borrower. She has a good standing in paying-back history.

Hanan hopes that one day she will be capable of opening an educational center.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hanan to buy a car to expand her working zone.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014