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Hussein is a 24-year-old man who lives in Bint Jbeil, southern Lebanon, with his wife and child. He has been working as a car electrician since 2004. His customers are his friends, neighbors and people from his region. Hussein's business is successful because he is trustworthy and known for his good work. He has requested a loan from Kiva partner, Al Majmoua, in order to purchase tools and car oil for his work. This is his second loan cycle and he has always paid on time. When he first started his business, he had difficulty finding the proper place to open his garage. In the future, he plans on expanding his business by selling car spare parts.

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Hussein to purchase tools and car oil.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 5, 2010
Feb 1, 2010
Currency Exchange Loss:
Mar 15, 2012