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Housein is a 42-year-old husband and father of three who is committed to helping his children advance in life. For the past 15 years, Housein has been transporting and selling fuel, a job which he has been very passionate about. Housein’s last loan from A. Majmoua went far in helping to improve his business, and he now wanted to seek another one to purchase more fuel and diesel oil and to further develop his gas station. Housein ultimately hopes to one day own a mega gas station.
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حسين عمره 42 سنة متزوج وله 3 اولاد يعمل في بيع المحروقات ونقلها الى المحطات له في عمله 15 سنة هو طموح محب للعمل يعمل بجد ويريد ان يزيد من مدخوله وان يربي اولاده ويساعدهم في تخطي الظروف الاجتماعية الصعبة يريد من خلال طلب قرض من المجموعة الى شراء محروقات ومازوت وان يطور المحطة له تاريخ جيد مع المجموعة وقد ساهم في تحسين الظروف المادية للمصلحة له خبرة واسعة في عمله ويحلم بأن يمتلك محطة وقود كبيرة حتى يكون قد اساس لحياة اجتماعية سليمة

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
  • 133
    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 $1,800 helped Housein to purchase fuel and further develop his gas station.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 26, 2011
Jun 1, 2011
Currency Exchange Loss:
Jun 15, 2012