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Hussein is a 52-year-old man who lives in Bint Jbeil, southern Lebanon, with his wife and their three children. He has owned a grocery store since 2004, where he sells candies, canned food, home cleaning products, etc. Hussein requested a loan from Kiva partner, Al Majmoua, in order to purchase merchandise for his store. He has been a microcredit client for five years now and has always paid on time. His previous loans helped him improve his business by diversifying his merchandise and offering more products.

Hussein is successful in his work because he opens early in the morning and closes late in the evening. His customers are friends, neighbors, and traders. When he first started his business, he didn’t have enough cash to purchase a lot of merchandise, and had difficulty finding the proper place to open his store. Hussein started his business because he has experience in trading. In future, he plans to improve his store further.

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
  • 125
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Hussein to purchase merchandise for his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 22, 2009
Jan 5, 2010
Currency Exchange Loss:
Apr 15, 2011