Check out other loans that are currently fundraising!
Husein is a 28-year-old single man who has been working in planting and harvesting tobacco for 15 years. He earns income from the government buying his production every year and he is working on increasing it. Husein also opened a convenience store to generate extra income.
Husein is a hard worker, well known in the region with a good reputation.
Husein is applying for a youth loan from Kiva's partner Al Majmoua, in order to start a new business. He will buy a power generator and provide people with electricity since the government, for now, has no solution for this major lack.
He hopes to keep on increasing his businesses in professional way and managing them equally.

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
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    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 start a new business providing people with electricity.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 16, 2013
Currency Exchange Loss:
May 17, 2014