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Hassan is a 24-year-old single man who has been working in a food business for two years. He has a convenience store in his village and is working hard to develop it in a very managed way.

He is applying for a YOUTH loan from Kiva's partner, Al Majmoua, in order to increase his business merchandise with special released spring and summer beverages, to please his customers as much as he can.

This is Hassan's second cycle as an Al Majmoua borrower, and he hopes that it will have an excellent impact on his business. He expects that future loans will also be invested in increasing the merchandise diversity in his store to attract new customers' attention.

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
  • 126
    View loans »
    Lebanon Loans Fundraising
  • $16,605,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Hassan to increase his merchandise with special spring and summer beverages.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 26, 2013
Apr 29, 2013
Currency Exchange Loss:
Mar 17, 2014