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Husein is a 48-year-old married man, father of three children. He has been working in his convenience store for 15 years ago. He always updates his business with special-release products, attractive for his customers.
Husein is requesting a loan from Kiva's partner Al Majmoua, in order to increase his merchandise of special-offer merchandise especially for the autumn/winter season.
This is Husein's ninth cycle as Al Majmoua borrower and his repayment history is in good standing. His previous loans helped a lot in improving his living situation and increasing his merchandise.
Husein hopes to keep on expanding his business to improve his family's living standard.

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Husein to increase his inventory of special-offer merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 28, 2012
Oct 14, 2012
Currency Exchange Loss:
Nov 17, 2013