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Hussein
Hussein is a 33-year-old single man from Saida. He has worked as a tailor since 2008 with 4 years of experience. Hussein is requesting a loan from A. Majmoua for the third time in order to buy the necessary tools for his business, and to continue pasting tiles and finishing all the sanitary items in his house.

Hussein's previous loans were effective as they let him help his brother do the necessary maintenance to his house so it would be a healthy place for living.

He's a borrower in good-standing and liked by most of his clients. His work is clean and professionA.. He specializes in women clothes.

He loves his business a lot and hopes to open another branch in the future.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hussein to buy necessary tools for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012