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Hussein
Hussein is a 25-year-old man who lives with his wife in Bint Jbeil, southern Lebanon. Hussein has been working as a floor polisher since 2002 and has stayed with it because of his experience. His clients are people from his region. Hussein performs his work especially well and is committed to it.


When Hussein first started business, he had difficulty buying the required tools for his work because he didn’t have enough cash. Now he is requesting a loan from Al Majmoua in order to purchase a new polishing machine. This is the first time that Hussein has requested a loan. In the future, he plans on continually improving 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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hussein to purchase a new floor polishing machine for his work.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 25, 2010
Listed
Jan 21, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012