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Husein is a 28-year-old single man who has been working in glass-cleaning since 2004. He is in the business of cleaning the front glass of all shops and buildings.

His business is expanding and he has to expand it more and more through increasing his tools, detergents, and staff working with him. That's why he applied for a Youth Loan from Kiva partner Al Majmoua.

In the future, he will try his best to open a private office in which to keep his tools and detergents, rather than keeping them at home.

Also in the future, he hopes to open a private big company that deals with all cleaning services.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    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 necessary tools for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 7, 2012
Jun 5, 2012
Currency Exchange Loss:
Apr 17, 2013