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Abed El Hussein
Abed El Hussein is 32 years old, married, and the father of two precious children: Hassan, a 3 year-old boy, and Mona, a 9-month-old girl. They are his whole life and he works hard to provide them with the healthiest living they might need.

Abed El Hussein has sold plastics, tissue paper and cleaning detergents since 2007. His work is improving since he puts a lot of effort on it to reach perfection.

Abed El Hussein is requesting a loan from Al Majmoua, Kiva partner, for the fifth time, in order to increase his plastics capital. His previous loans made a positive impact on his social and financial life. He plans to expand his sales region by buying a new van and traveling among neighboring villages.
He hopes to keep up with his customers' desires and needs.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,514.5
    Lebanon Pounds (LBP) = $1 USD
Expired
A loan of $2,000 helped Abed El Hussein to increase his plastics sales capital.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2011
Listed
Jul 15, 2011
Currency Exchange Loss:
Covered
Expired:
Aug 14, 2011