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Husein
Husein is a 28-year-old married man and the father of three children. He has been working in the aluminum business since he was 10 years old. He didn't have a normal childhood living just like almost all of the Palestinian refugees in Lebanon.

Husein and his wife share their family's responsibilities. She sells vegetables and fruits to make sure that they can afford their children's needs and requests and provide them with a normal living just like any normal child in this world.

Husein is applying for a YOUTH LOAN from Kiva partner Al Majmoua, in order to buy the necessary aluminum for a requested project. He will also use part of the loan to help his sister in a financial problem she is facing. This is his first experience with Al Majmoua, and he hopes that his future requests will be invested in expanding his work place.

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
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Husein to buy necessary Aluminum for a requested project.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2013