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Hassan
Hassan is 49 years old, married, and has one child. In 2011, he opened a convenience store to increase his income. It is located in a very good area on the highway, which attracts passers-by and daily visitors. Hassan used to sell sanitary wares, but he changed his business to a daily income business, which covers his family's daily needs.

Hassan is requesting his second loan from Al Majmoua, which he will use to increase his merchandise with special canned food and tobacco. Int the future, he would like to start a wholesale trade.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,789,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hassan to purchase special canned food and tobacco.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013