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Hussein is 44 years old and married. He works in a restaurant selling Lebanese food such as fuul (beans) and hummus. He loves his work and has 10 years experience in this. He has good credit history with A. Majmoua and previous loans helped him to develop his business further. He has the full support of his family. With this loan he wants to improve and renovate his house so that it may be suitable to live in.
حسين في عمر 44 سنة متزوج يعمل في مطعم لبيع الفول والحمص وهو طعام لبناني يحب عمله له خبرة كبيرة في هذا العمل له في عمله 10 سنوات له تاريخ جيد مع المجموعة وقد ساعده في تطوير نفسه وكان يلقى الدعم الكامل من العائلة يريد من خلال طلب قرض له من المجموعة الى تحسين وضع منزله وتطويره حتى يصبح في مستوى معيشته

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $15,800
    Average annual income
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $16,124,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Hussein to renew and renovate his house to make it suitable for living in.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Feb 26, 2011
Mar 15, 2011
Currency Exchange Loss:
Jul 15, 2012