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Beautiful Girls 2 Group
In this Group: Vincenta , Herlymar , Ma Theresa
Vincenta is the featured borrower of Beautiful Girls 2 group. She joined with the other group members to apply for a loan from Kiva's partner Al Majmoua because they have always been friends since they came to Lebanon from the Philippines to make a living.

Vincenta is a 37-year-old mother of one child. She works as a housekeeper to make sure that her child will have the best living ever. The requested loan will be invested in paying for her child's living expenses back in the Philippines. She hopes that one day she will make her own business in her hometown and live with her child again, so they can take good care of each other. She is the first one from the right in the photo.

Herlymar is a 34-year-old single woman who works as a housekeeper to financially support her family in order to have a good living. She is the first one from the left.

Ma. Theresa is a 49-year-old single woman who also works as a housekeeper to provide her family with the best living.

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
  • 99
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Beautiful Girls 2 Group's $1,200 loan helped a member to pay for her child's living expenses back in the Philippines.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2013
Listed
Apr 10, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013