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Hussein
Like most married men, Hussein works hard to do his best for his wife and little kid. Hussein is a hard working 27-year-old owner of a small restaurant in Bint Jbeil, where he has served fast food since 2008. His food is tasty according to most of his clients. He is a man who seeks perfection and customer service is his major success point.

Hussein is requesting a loan from Kiva's partner, Al Majmoua, for the third time in order to build a brick tent in front of his restaurant to provide more space and increase the number of customers attending. He has been a good standing borrower and hopes to open a big famous restaurant in the future.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $15,255,400
    Funds lent in using Kiva
  • 1,500.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hussein to build a brick tent in front of his restaurant for more space.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 24, 2011
Listed
Feb 13, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012