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Hasan is a 30 year-old single man, living and working in Tyre. Hasan has rented a barber shop for eleven years and is working hard to expand it. That’s why he has requested his first loan from Al Majmoua, a Kiva partner. In order to help attract new customers, Hassan wants to make some decorative changes to his shop, in addition to replacing his shop's seats. His customers include friends, neighbors and other community members who have come to know him through his work over the past decade.

Hasan says that he is very proud of the quality of his work, and he believes that his extensive experience is what distinguishes him from others in his field.
Hasan hopes to stay active and capable of covering all his necessary expenses.

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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $19,292,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hasan to do some decorative upgrades to his barber shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 6, 2011
Jul 3, 2011
Currency Exchange Loss:
Mar 15, 2012