Check out some available loans that are similar to this one!
Houssein is 51 years old and lives in Tyre, in southern Lebanon, with his wife and their four children. Since 2008, he has worked as a taxi driver. He went into this line of work after deciding that he wanted to be independent rather than work for someone else. When he first started his business, he didn’t have much cash since he paid a lot for his taxi license and also had many car expenses. A previous loan from our group helped him improve his financial situation and pay for his taxi. Houssein is now applying for a second loan from Al Majmoua to do some maintenance work on his car and improve his house. He has always paid his loans on time, and is known for great customer service and his attention to punctuality. His clients include anyone living in his area.

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
  • 152
    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 $1,500 helped Houssein to do some maintenance work on his car and work on his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 25, 2010
Jan 19, 2010
Currency Exchange Loss:
Feb 15, 2011