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Hussein owns a mini market in the south Lebanon, in a region called Nabatieh. Hussein and his wife are making plans to buy a car. Consequently, they are both working extremely hard in order to save and make this investment.

This is the fourth time Hussein is asking for a loan from Al Majmoua. He is looking forward to buy new merchandise for his business. Hussein and his wife are both working hard to support their three children.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $17,345,625
    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 additional market supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 3, 2008
Jan 19, 2008
Currency Exchange Loss:
Mar 15, 2009