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Hussein
Hussein is 42 years old and married with 5 children. He has been working for the past 13 years in a men’s clothing store. He is very much engaged in his work, perpetually seeking new apparel to showcase. Hussein is driven to provide a dignified life for his family. The last loan from Al Majmoua was very helpful in increasing the store’s revenues; Hussein now wanted to seek another loan to purchase merchandise for the new season.
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حسين في عمر 42 سنة متزوج وله 5 اولاد يعمل في محل لبيع الالبسة الرجالية وغيره له في عمله نحو 13 سنة يحب عمله ويلقى منه اهتمام كبير حيث انه دائم التجدد في البضائع يريد له ولعائلته الدعم الاجتماعي والمادي يسعى دائما الى تأمين العيش الكريم للعائلة له تاريخ جيد مع المجموعة حيث ساهم في زيادة مدخول المحل يريد من خلال طلب قرض من المجموعة الى تقوية المصلحة وشراء بضائع موسمية جديدة

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hussein to purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012