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Hasna is a 46-year-old woman who lives in the Bekaa Valley where she owns a grocery store. Hasna’s store is a success because she knows how to treat her clientele, who are her friends and neighbors. She decided to go into business in 2002 because she wanted to work.

Hasna has requested a loan of 2000 US dollars from Al Majmoua in order to purchase more merchandise for her store. This is the first time that she has requested a loan. Hasna plans to expand her business in the future.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $19,302,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hasna to purchase merchandise for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 25, 2009
Sep 8, 2009
Currency Exchange Loss:
Aug 15, 2010