Check out some available loans that are similar to this one!
Hassan
Hassan is a 29-year-old man who lives in Nabatieh, southern Lebanon. Hassan has owned a barber shop for ten years. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase tools for his shop. This is the first time that Hassan has requested a loan.


Hassan is special in his work because he has experience in haircuts. His clients are can be anybody. When he first started his business, he was afraid of the competition. Hassan decided on doing his business because of his experience. In the future, he plans on expanding 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

  • $15,800
    Average annual income
  • 29
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    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 purchase tools for his barber shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2009
Listed
Mar 5, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010