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Hussein
Hussein is a 52-year-old married man and father of 6 children. He lives in a small village close to Tyre in the South of Lebanon. Hussein grows plants, vegetables and fruits in a piece of land next to his home. He needs an amount of USD 1,200 for harvesting tools. Hussein wants to expand his business further, as this will allow him to generate more revenue for his large family and therefore improve their livelihood. Hussein has been a micro-credit client of Al Majmoua [Kiva’s Field Partner] for the past 4 years, and he has always repaid his debts on 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

  • $5,900
    Average annual income
  • 24
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hussein purchase of harvesting tools.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 2, 2008
Listed
Aug 18, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009