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Hussein
Hussein is a 33 year-old married father of two children. He owns a farm where he rears cattle and different kinds of birds. He makes his revenue by selling cow milk and chicken eggs. His wife is unemployed, and both his children are still in school.

Hussein's income is insufficient to provide a healthy life for his family, especially since schooling expenses are costly. As a result, Hussein contacted Al Majmoua to acquire a loan and purchase more cattle, which would greatly increase his output and thus also increase his revenue. As for the future, Hussein wishes to expand his farm.

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
  • 91
    View loans »
    Lebanon Loans Fundraising
  • $16,118,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hussein to purchase more cattle, which would greatly increase his output.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015