Abed El Hussein
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.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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