Check out some available loans that are similar to this one!
Hassan
Hassan is a 40-year-old married father of three children who has been working as a car's electrician for 25 years. He has wide experience in his domain since he was only 15 years old when he started working to support his parents.

Hassan is a hard worker. Eleven years ago, he established his own business and he has developed it in a well-managed way. Today, Hassan is acquiring a loan from Kiva partner Al Majmoua to buy a car for his business that he can use to provide mobile maintenance to customers upon request. The car will enable him to transport his tools and needs easily.

He also sells cars' electric spare parts, which provides him with additional income. He hopes that in the future, he can increase his business capital with car accessories.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,200 helped Hassan to buy a car to provide mobile maintenance to customers.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
N/A
Expired:
Feb 15, 2014