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Hasan is a 25-year-old man who lives in Bekaa, Lebanon, with his wife and their three children. Hasan has been working in livestock production for 5 years. Hasan started his business because he likes animals. He sells the animals in the market.

Hasan requests a loan of $1000 from Al Majmoua in order to purchase the land he has been working on. This is the first time that Hasan has requested a loan. In the future, he plans to expand his business.

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
  • 131
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hasan purchase the land he has been working on raising livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 19, 2009
Feb 4, 2009
Currency Exchange Loss:
Feb 15, 2010