Check out some available loans that are similar to this one!
Husein is a 61-year-old married man, and father of eight children. He has worked in his agriculture business for 40 years. He is well-known in the region for his good reputation and special production.

Husein is applying for a loan from Kiva partner Al Majmoua, in order to pay for leasing the agricultural land he has worked for 40 years. He also works planting and selling apples, and owns a school bus which he drives during the winter season to keep a good income during the agriculture low season. This is to cover his family's expenses.

This is Husein's first experience as Al Majmoua borrower, with great expectations concerning the results to be obtained.

He hopes to stay in good health and shape to keep on doing the requested work.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Husein to pay to lease agricultural land.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 23, 2012
Dec 19, 2012
Currency Exchange Loss:
Apr 16, 2014