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Hassan is a 46-year-old married man, father of one child , whom he worked and is working hard to provide him with the best living ever.
Hassan has been working in shoe making since 30 years ago, and his business is going on just fine.
Hassan is a hardworking man, he seeks perfection in his business, and puts so much effort on pleasing his his customers to keep them loyal as much as he can.
Hassan wants to be prepared for the spring -Summer season, since most of the retail shops start making their orders early.
Hassan is applying for a loan from Kiva partner Al Majmoua, in order to increase his merchandise with special new collection needs.
This is his first time as Al Majmoua borrower, and he hopes that future relation will sprout success.

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
  • 94
    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 $1,000 helped Hassan to increase his merchandise with special Spring-Summer collections needs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 6, 2012
Mar 6, 2012
Currency Exchange Loss:
Mar 15, 2013