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Hussein is a 44-year-old married father of two children. He is a taxi driver and for 22 years he has transported people every day between Lebanon and Syria. His wife is employed in a clothing shop. Both his children are enrolled in a public school because he does not have the sufficient funds to provide them with a better education.

He decided to contact Al Majmoua and acquire a loan in order to purchase furniture for his new livingroom. In fact, this would at least enhance the environment that he and his family live in.

In the future, Hussein wishes to purchase a second car in order 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
  • 92
    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 $1,000 helped Hussein to purchase furniture for his new livingroom.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 20, 2013
Jul 22, 2013
Currency Exchange Loss:
Jun 17, 2014