Power Puff Girls Group
Nurhaina is the first one from the right. She is a 35-year-old single woman who works as a housekeeper to support her family in Philippines. The loan will be sent to her family to provide them with better living standards.
Mary Rose is the one in the middle with the red shirt. She is a 32-year-old single woman who works as a housekeeper to support her family financially in Philippines.
Victoria is the first one from the left. She is a 48-year-old divorced woman who works as a housekeeper. She also sells mobile phones to support her family in the Philippines.
Joy is the second one from the left. She is 22-year-old single woman who works as a housekeeper to provide her family with a good living.
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
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.
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Success!! The loan was 100% repaid