Update on HusseinHussein is a 35-year-old single man. He is a Syrian citizen who works and lives in Lebanon. He is the sole breadwinner of two members of his family. That's why he has to work hard and put so much effort into improving his socioeconomic situation. In 2008, he opened his current shop to improve his living.
Hussein is acquiring a loan from Kiva partner Al Majmoua to buy a new tailoring machine. He will also use a part of the loan to support his family through responding to some of their additional needs.
In the future, Hussein is hoping to buy his own shop instead of paying rent for the current working place.
Previous Loan DetailsHussein is a 33-year-old single man from Saida. He has worked as a tailor since 2008 with 4 years of experience. Hussein is requesting a loan from A. Majmoua for the third time in order to buy the necessary tools for his business, and to continue pasting tiles and finishing all the sanitary items... More from Hussein's previous loan »
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.
Concurrent and Successive Loans
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