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Hsien is a 34 year old man who lives in Bourj El Barajnej, southern suburbs of Lebanon with his wife and their two children. Hsien has been working as a house painter and decorator since 1992. He requested a loan of 700 US dollars from Al Majmoua in order to purchase merchandise for his work. Hsien has been a microcredit client for seven years now and has always paid on time.

His previous loans helped him improve his work. Hsien's work is special because he does it well. His clients can be anybody from his region. When he first started, he had difficulty finding the proper place to open his shop. In the future, he plans on improving his work.

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
  • 149
    View loans »
    Lebanon Loans Fundraising
  • $17,516,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Hsien house painting and decorating supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 17, 2009
May 1, 2009
Currency Exchange Loss:
Apr 15, 2010