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Hammad is a 36 year old married man and the father of four children. For over fifteen years, Hammad has been a small-business entrepreneur; he sells fruits and vegetables which he buys from the local farmers. Hammad's merchandise varies with the seasons. Today, Hammad is requesting a loan to purchase merchandise in order to fill his shop with the needed goods to increase his sales and, therefore, his income. This is the first time that he has requested a loan. Hammad is known for his good quality products. He hopes that in the future he will be able to keep on satisfying his clients’ demand.

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
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hammad to purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 19, 2010
May 13, 2010
Currency Exchange Loss:
May 15, 2011