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Hussein is 21 years old, married and works in a bakery. He has nine years experience in this. He loves what he does and wants to develop his business. He would like to be independent and start a family on a secure and solid foundation. He wants to progress and develop on a social and financial level. With this loan he wants to purchase a cutter for his bakery as well as more raw materials. His work is unique in his local area and he pays excellent attention to detail in his work.
حسين في عمر 21 سنة ليس متزوج يعمل في بيع الخبز و (المناقيش) له في عمله 9 سنوات يحب عمله ويريد الى تطوير العمل يحب ان يعتمد على نفسه وان يبني عائلة له تكون اساسها متين وتطوير نفسه اجتماعية وماديا يريد من خلال طلب قرض له من المجموعة الى شراء قطاعة للمخبز + زيادة البضائع يتميز بالانفراد في العمل في منطقته فهو متميز ودقيق في العمل

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $18,176,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hussein to purchase a cutter and raw materials for bakery.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 16, 2011
Mar 15, 2011
Currency Exchange Loss:
Jun 15, 2012