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Housein is 24 years old and works in a gym. He has seven years of experience in this line of work. He likes his work and believes that he is providing his community with a service which benefits their health through his work. He has a lot of experience in his work, and his establishment stands out in his field given that there are few gyms in his area and given that the price of memberships at his gym is low. He would like to increase his income in order to be able to provide more people with the opportunity to exercise. With a loan from al-Majmoua, he would like to have some maintenance done on his gym, install a sound system, and improve some of the pieces of equipment in his gym. He is trying to secure a good future for himself, as well as start a family on a stable financial foundation.
حسين 24 سنة يعمل في نادي رياضي له في عمله 7 سنوات يحب عمله ويرى فيه خدمة اجتماعية وصحية له خبرة كبيرة في عمله ويتميز فيه بالندرة في منطقته ويتميز بالسعر الجيد يريد ان يزيد من مدخوله ان يتمكن من خدمة نسبة اكبر من الناس في الرياضة يريد من خلال طلب قرض من المجموعة الى صيانة النادي وتركيب صوتيات وتحسين القطع الرياضية يسعى الى تأمين مستقبله وبناء اسرة يكون اساسها المادي ثابت

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 Housein to finish the necessary maintenance to his gym, to install a sound system, and to repair equipments in his gym.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2011
Apr 22, 2011
Currency Exchange Loss:
May 15, 2012