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Hassan is a 27-year-old single man. Two years ago Hassan opened his own butcher shop; his twelve years of experience provided him with special talent. He is liked by most of his clients, because of the special discounts he gives and best quality products he sells.

Hassan is a hardworking man who seeks perfection in his business. Hassan has applied for a youth loan from Kiva partner Al Majmoua, in order to buy a Renault Rapid Car necessary for transporting meat from the wholesale market to his shop in a healthy and clean way, to keep his customer pleased.

He hopes to keep on expanding his business as much as he can, to keep his customers pleased. He also dreams of making his own beautiful family in the future.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 31
    View loans »
    Lebanon Loans Fundraising
  • $19,512,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hassan to buy a Renault Rapid Car necessary for transporting meat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 12, 2012
Apr 20, 2012
Currency Exchange Loss:
Aug 17, 2013