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Fadwa Group
In this Group: Badrah, Amina, Fadwa, Diba, Zainab
The name of this group of borrowers is Fadwa. It is made up of five ladies living in the Bekaa region of Lebanon.


Badrah is a 53-year-old woman with nine children. Badrah has been working in agriculture for 20 years. She sells to people in her region. She has requested a loan of $300 from A. Majmoua in order to purchase tools for her work. This is the first time that Badrah has requested a loan. Badrah decided on engaging in this business to meet specific demand in her region. In the future, she plans on expanding the scope of her work.


Amina, 40 years old, has been working in agriculture for 10 years. She has requested a loan of $300 from A. Majmoua in order to purchase tools for her work. This is the first time that Amina has requested a loan. Amina sells to people in her region and she enjoys what she does. In the future, she plans on improving her work.


Fadwa, who lends her name to the group, is a 38-year-old married woman with six children. Fadwa has been working in agriculture for 17 years and sells to people in her region. She has requested a loan of $300 from A. Majmoua in order to purchase tools for her work. This is the first time that Fadwa has requested a loan. In the future, she plans on improving her work.


Diba M. A. M. is a 29-year-old married woman with four children. Diba has been working in agriculture for ten years. She owns livestock. She has requested a loan of $300 from A. Majmoua in order to increase her livestock. This is the first time that Diba has requested a loan. In the future, she plans on improving her work by expanding her livestock.


Zainab, 46 years old, is married with six children. Zainab has been working in agriculture for fifteen years and has owned livestock for 10 years. Her clients are people from her region. She has requested a loan of $300 from A. Majmoua in order to increase her livestock. This is the first time that Zainab has requested a loan. When she first started her business, she didn’t face difficulties. She decided on engaging in this business to meet specific demand in her region. In the future, she plans on improving her work.


About Group Loans


In a group loan, each member of the group receives an individuA. loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Lebanon

  • $15,800
    Average annual income
  • 30
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Fadwa Group's $1,500 loan helped a member the Fadwa group will use the loan to purchase tools for their work.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009