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Hassan is a 22-year-old single man who has been running his mobile phones-selling shop since 2010. Hassan is a hard worker who puts so much effort into developing his business.

He is acquiring a YOUTH loan from Kiva partner, Al Majmoua, to increase his business merchandise with newly released items and to make necessary decoration to his shop to keep it attractive to new customers.

This is his second cycle as an Al Majmoua borrower with a good standing in paying-back history. His previous loan was invested in increasing his business merchandise with newly released mobile phone accessories.

He is working hard on expanding his business to keep it a good source of income.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $18,174,025
    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 business merchandise with newly released items and to make necessary decoration to his shop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 22, 2013
Currency Exchange Loss:
Oct 17, 2014