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Husein
Husein is a 31-year-old married man, father of four children.
He has been working in car body repair for 16 years, a long enough experience to attract loyal customers & to expand his business.
Husein is applying for a loan from Kiva partner Al Majmoua in order to buy tools necessary for his business. In addition, he will do needed improvements for his work space such as adding an extra metal roof top to use as an attic and fixing his floor tiles.
Husein is a hardworking man, who seeks perfection in his business. That's why he needs this loan to renovate everything around him.
He works hard to improve his business in order to provide his family with good and healthy living conditions.

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

  • $5,900
    Average annual income
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Husein to buy tools necessary for his business, in addition to doing renovations and improvements of his work space.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2012
Listed
Feb 7, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013