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Hassan is a 30-year-old single man who has been working in selling distilled drinking water since 2011. This is Hassan's first cycle as an Al Majmoua borrower. He is applying for a youth loan in order to buy empty plastic water bottles to increase business capital. This loan will help him deal with the unexpected increase in customers. Hassan is very happy with what he has achieved and he is working hard to keep on developing his business as much as he can. However, he can't do it on his own. That is why he requested external support from Al Majmoua and he is sure that it will have a positive impact on his business.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 173
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to buy empty plastic water bottles to increase business capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Feb 15, 2013
Currency Exchange Loss:
Nov 17, 2013