Check out some available loans that are similar to this one!
Husein
Husein is a 40-year-old married man and father of three children. He has been working in the construction business since 1992. He specializes in painting homes and making cement decorations. His business is going just fine because of the good reputation he has in his region and because of the excellent experience he has.

Husein is applying for a loan from Kiva partner Al Majmoua in order to build a stone fence at the borders of his land, to prepare it for planting and to benefit from its production.

This is his seventh cycle as an Al Majmoua borrower, with a good history of paying back his loans. He claims that Al Majmoua loans developed and improved his business a lot and that his wife encouraged him to apply for Al Majmoua loans at the beginning.

He hopes to keep expanding his business more and more in the future, and to recruit people to help him in taking on more than one project at the same time.

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
  • 30
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    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 build a stone fence at the borders of his land.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014