Check out some available loans that are similar to this one!
Hassan is a 31-year-old married man, owner of a bookshop since July 2010. He is new in this business and is working hard to improve it. Hassan used to work at a medicine factory, but he insisted on taking the step forward to run his own business. He opened this bookshop with excitement and hope, the hope that he will succeed and won’t regret this step.

Hassan is applying for a loan from Al Majmoua, in order to buy a color photocopy machine, very important and highly requested in his business, and to increase his business products with special cardboard, painting brushes, pens and many other student-requested materials to reach a level where everything is available.

Hassan hopes that his bookshop will be the number one in the region; it only needs patience and hard work, as he states.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $19,495,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hassan to buy a new improved color photocopy machine and other supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 26, 2011
Oct 24, 2011
Currency Exchange Loss:
Sep 15, 2012