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Husein
Husein is 50 years old, and married with a son. He works in furniture upholstery and has 35 years experience in this. He loves his business and wants to develop and renew it. He wants to secure a comfortable life for himself and his family. He is energetic and has a lot of experience in his work. He hopes to expand and develop his business. With this loan he wants to purchase new goods such as wood and a sewing machine.
حسين في عمر 50 سنة متزوج وله ولد يعمل في تنجيد المفروشات له في عمله 35سنة يحب عمله ويريد التجدد والتطور يريد تأمين عيش كريم له ولعائلته هو نشيط وله خبرة كبيرة في عمله يحلم بالتوسع والتطور يريد من خلال طلب قرض من المجموعة الى شراء بضاعة جديدة لدعم المصلحة من خشب وماكنة خياطة وغيره

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
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Husein to purchase new goods such as wood and a sewing machine for his furniture upholstery business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012