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Hani has a long history with A. Majmoua. This is the sixth loan he is requesting. Hani first joined the association to buy enough merchandise for his restaurant. Then, his loans were for the decoration of his restaurant. Now he needs to buy equipment like a grill and a mixer to keep developing his business. Therefore, he is requesting this loan.

Hani is a hard working man of 41 years. He lives with his wife and 2 children in the south of Lebanon, in the region of Saida.

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
  • 86
    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 $1,200 helped Hani to buy equipment for his restaurant.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 26, 2007
Nov 11, 2007
Currency Exchange Loss:
Dec 15, 2008