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Hassan T. is a 54 year old man living in Nabatieh, Southern Lebanon with his wife and their three children. Hassan has owned a school van for two years and is requesting a loan of 1000 US dollars from Al Majmoua to do maintenance work on his van and pay his daughter's wedding expenses.

This is his third loan cycle and has always paid on time. His previous loans helped him purchase a school van. When he began his business he had difficulty building a network and finding students. He decided to create his business to improve his financial situation. In the future, he plans on purchasing another van.

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
  • 127
    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 $1,000 helped Hassan hassan will use the loan for maintenance work on the van and pay his daughter's wedding expenses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 17, 2009
Mar 24, 2009
Currency Exchange Loss:
Apr 15, 2010