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Hussein is a 41-year-old single man, living in the suburbs of Beirut. He owns a small garage where he is in charge of fixing spare parts and painting cars. He has been working in this field for the past 19 years. He decided to contact Al Majmoua and acquire a loan in order to purchase raw materials and a new work kit. This would enhance his business and thus increase the number of customers, along with his revenue.

As for the future, Hussein wishes to purchase an oven specialized for the painting of cars, which would greatly facilitate his work.

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
  • 149
    View loans »
    Lebanon Loans Fundraising
  • $17,516,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,500 helped Hussein to purchase raw materials and a new work kit.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 17, 2013
Jul 18, 2013
Currency Exchange Loss:
Aug 17, 2013