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Hasan is a 29-year-old married man, living in Tayouneh with his wife and one child. Hasan has worked on his own as a barber since 2004, and has a totA. of thirteen years of experience in this field. Most of his clients are friends, relatives and neighbors. They like his work and are relaxed being his clients.

Hasan is requesting a loan from A. Majmoua in order to add decorations to his shop, buy necessary tools for his business and to increase his inventory of products, such as gel and creams. Hasan is planning to open a big beauty therapy center, which he claims will include everything a man needs to cheer up.

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
  • 133
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hasan to add decorations to his shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 27, 2010
Jan 4, 2011
Currency Exchange Loss:
Apr 15, 2012