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Husein is a 27-year-old man who lives in the Bekaa Valley with his wife and their child. Husein has owned shop where he sells spare car parts since 2003. Husein has requested a loan of $2000 USD from Al Majmoua to purchase spare parts for his garage. This is the first time that Husein has requested a loan.

Husein is special because he knows how to treat his clients and sells good quality products, even thought they are used. His clients can be anybody from his region. When he first started his business, he didn’t face difficulties. Husein decided to start his business because he likes his work. In the future, he plans to expand his business.

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
  • 148
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Husein to purchase spare car parts for his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 7, 2009
Sep 8, 2009
Currency Exchange Loss:
Oct 15, 2010