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Hassan
Hassan is a 45-year-old married father of five children. He owns a small business where he sets and fixes TV satellites. His wife is a housekeeper, and their combined revenue is very low despite having five children, four of who are enrolled in a public school. He decided to contact Al Majmoua and acquire a loan in order to purchase TV dishes and receivers to broaden his offerings and increase his revenue.

As for the future, he would like to expand his business.

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
  • 107
    View loans »
    Lebanon Loans Fundraising
  • $15,368,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Hassan to purchase TV dishes and receivers to broaden his offerings and increase his revenue.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 16, 2013