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Houssein
Houssein works in a barber shop for men. He has eight years of experience in this line of work. He is married with three children. He has a good history with al-Majmoua, and his last loan from al-Majmoua helped him to improve his barber shop in a way which very much benefited him. He received the full support of his family during his last loan. He stands out in his line of work by way of the quality of his service and the energy his puts into his work. He would like to secure a good future for himself and his family, and he is trying to increase his income by improving his business. With a loan from al-Majmoua, Houssein would like to buy new equipment for his barber shop, including new salon chairs. In addition, he would like to settle the rest of the payments he owes on his car. He likes his work, and he puts a lot of effort into finding ways to develop his barber shop. He also puts a lot of effort into securing the best life possible for his children and family, as well as into improving his own financial situation and social status.
حسين يعمل في محل حلاقة رجالي له في عمله 8 سنوات متزوج وله 3 اولاد له مع المجموعة تاريخ جيد وقد ساهم القرض السابق بتحسين وضع محله وتطوير مصلحتهكان يلقى الدعم الكامل من العائلة يتميز بالعمل الجيد والنشاط يريد ان يؤمن مستقبل جيد له ولعائلته يسعى الى زيادة مدخوله من خلال تحسين العمل يريد من خلال طلب قرض من المجموعة الى شراء عدة جديدة كرسي للحلاقة وتسديد ما تبقى من ثمن سيارته يحب العمل ويسعى جاهدا على ملاحقة التطور فيه وتأمين افضل عيش لأولاده وعائلته وتحسين وضعه المادي والاجتماعي

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 $2,000 helped Houssein to buy several new salon chairs for his barber shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Apr 13, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012