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Hussein
Hussein is a 50 year old man who lives his wife and four children in Bint Jbeil, southern Lebanon. Hussein has been working as a shoe repairer since 1979. When he started his business he had difficulty finding the proper place to open his shop. His customers are his friends, neighbors and people from his region. He is trustworthy and is well known for his good work. Hussein is a hardworking man who, on top of his job, has taken on extra work in different fields so that he can provide the best he can for his family. He requested a loan from Al Majmoua to purchase tools for his work. This is his second loan. He has always paid on time.

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
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Hussein to purchase tools for his work.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 9, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010