Husein is a hard worker with a very good reputation in his region. He is applying for a loan from Kiva's partner Al Majmoua in order to increase the number of cows he owns and to increase their production and income. Husein provides milk at competitive prices in the market which gives him a special place among competitors.
He is working hard to expand his farm more, which will reflect positively on both his family's social and financial living and will help him a lot in making his dream of providing the best education to his children come true.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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