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Hussein
Hussein is a 39-year-old man who lives in Saida, in southern Lebanon, with his wife and their two children. Hussein owns a photography studio. He requested a loan of 1000 US dollars from Al Majmoua, Kiva's partner, in order to purchase tools for his studio. This is the first time that Hussein has requested a loan.


Hussein is special in his work because he does nice pictures and knows how to suit his clients. His clients can be anybody from his region. When he first started his work, he didn’t face difficulty. Hussein decided to do his work because of his experience. In the future, he plans on expanding 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

  • $5,900
    Average annual income
  • 111
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hussein hussein will use the loan to purchase tools for his studio.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2009
Listed
May 1, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010