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Hasan is a 61-year old married man from Lebanon. For 40 years, he has been running his own business in the construction industry. He is extremely proud of his experience and reputation. He says that his honesty and ability to interact well with people are some of his strengths. In his work, he completes all components of a construction project including installing the electrical wires and working on the pipes.

He is requesting a loan of US $3000 from Kiva partner, Al Majmoua. He plans to use the loan to purchase rock and other materials for his construction projects. This will be his second loan from Al Majmoua. In the future he hopes to buy a plot of land so he can construct a building.

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
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Hasan to purchase rock and other materials for his construction projects.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 24, 2010
May 27, 2010
Currency Exchange Loss:
Jun 15, 2011