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Hasan is a 43-year-old married man living in Chtoura with his wife and four children.

Hasan has owned a bakery since 2006, with 20 years of experience in this field. Hasan specializes in Lebanese saj bread (Markouk) specially done over charcoA. on domed convex metA. griddle called a "saj."

Hasan is requesting a loan from A. Majmoua for the first time in order to do necessary painting and renovation to his shop. He also wants to buy tables and chairs to let customers sit and eat there. Hasan will introduce new saj receipes with speciA. ingredients. He is planning to expand his business more and more to change his small bakery to a big saj restaurant. He hopes he can make this dream come true.

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
  • 44
    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 $800 helped Hasan to do necessary renovation to his bakery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 21, 2011
Mar 18, 2011
Currency Exchange Loss:
Apr 21, 2012