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Hassan is a thirty-year-old divorced father of one. He has been working as a blacksmith for the past eighteen years. He is a hard worker, very talented in his domain, and is working hard to provide his only child a better life. Hassan was only twelve years old when he started to work as a blacksmith because he had to support his family. Today, he is well known in his region and his business is developing gradually to meet his customers' needs and requests.

Hassan is acquiring a YOUTH loan from Kiva partner Al Majmoua to pay what's needed to complete building his dream house to make it a healthy living place for his beloved child.

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
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hassan complete building his house to make it a healthy living place.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 13, 2014
Apr 10, 2014
Currency Exchange Loss:
Mar 17, 2015