Check out some available loans that are similar to this one!
Antonella Group
In this Group: Abir, Zeinab, Khadija
Khadija is the featured borrower for the Antonella group. She got together with her other group members to take this Al Majmoua loan because they have always been neighbors and friends. She is seated in the middle. She has been selling women's clothes from her house, to help her husband in making and improving their living.

Khadija is 54-year-old married woman who works hard to please her customers and improve her living. Khadija has applied for this loan from Kiva's partner Al Majmoua, and she will be using it to increase her business capital for a new autumn/winter collection. She does well in her business because of her special customer service and encouraging prices.

Abir is a 35-year-old married woman, who works from her house in a beauty business specializing in tattoo work. Abir is seated on the right. She prefers to work from home to take good care of her family members. The loan she applied for will be invested in paying her son's tuition fees.

Zeinab is a 36-year-old married woman who works from her house selling women's and children's clothes to help her husband in improving their living and covering their expenses. She is applying for a loan from Kiva's partner Al Majmoua to pay her son's tuition fees.

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

  • $5,900
    Average annual income
  • 81
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Antonella Group's $1,500 loan helped a member to increase her business capital for a new autumn/winter collection of clothing to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013