Al Rihan Group
Khadija is the one on the left. She has been a housekeeper for eight years. She helps her husband in making their living and covering their children's expenses. She is a 43-year-old mother of four children, two boys and two girls aged between 11 and 20 years old. Her requested loan will be invested in paying for her children's educational fees which is a very important issue for her.
Elissar is a 22-year-old married woman and mother of one baby girl. She has been working as a tailor for three years, and she is applying for a loan from Kiva partner Al Majmoua in order to buy a washing machine necessary for her business and house needs at the same time.
About Al Majmoua – Lebanese Association for DevelopmentThe 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
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Success!! The loan was 100% repaid