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Hussein
Hussein is a 33 year old father of 3 who ives with his family in the Bekaa region of Lebanon. Hussein is a butcher and supports his entire family with the income earned from his butcher store business. This is the second time Hussein is requesting a loan from A. Majmoua. He needs the loan to buy provisions for his business. Hussein is an honest and hardworking man and can be relied upon to repay his loan.

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
  • 96
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Hussein to buy provisions for his butcher shop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 1, 2008
Listed
Dec 17, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009