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Star Group
In this Group: Elizabeth , Regina , Clarita , Almary
Elizabeth is the featured borrower of Star Group. She joined with the other group members to apply for a loan from Kiva's partner Al Majmoua, because they have been close friends since they arrived in Lebanon to work for their families' livings.

Elizabeth, pictured on the left, is a 45-year-old married woman. She is a mother of four children, for whom she is working hard to provide a good standard of living. She is working as a housekeeper to send her family in the Philippines the necessary money to pay for her children's education, so she can be proud of what they achieve.

Regina, second from the left, is a 34-year-old divorced mother who is sacrificing her whole life to provide her only child with the best living possible.
She also works as a housekeeper and her portion of the loan will be sent to the Philippines to pay for her child's education.

Clarita, pictured on the right, is a 44-year-old married woman and mother of two children. Her other group members encouraged her to apply for this loan for the same reasons they had. Education is very important to provide for her children, and she wants to make sure that they will get it exactly as she aims.

Almary, second from the right, is 31 years old and married with five children. She works as a housekeeper and will pay for her children's needs in the Philippines with the applied-for loan.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Star Group's $2,100 loan helped a member to pay for her children's education in the Philippines.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
May 14, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013