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Rowena is standing on the far left of the picture, wearing a pink t-shirt. She is a 38-year-old, divorced mother of one child, who is still living in the Philippines. The reason she seeks to acquire this loan is to be able to send her child to school and to lower the burden of the school fees.
Irine, the woman standing on the far right of the picture, is a single 29-year-old woman who is also working as a housekeeper for a Lebanese family. She is seeking the Al Majmoua Lebanese Association for Development loan in order to help her parents back in the Philippines.
Finally, the 35-year-old, single woman, Annie Rose, standing in the middle and a housekeeper as well, wishes to acquire the loan in order to pay the school tuition of her only child, living with her parents in the Philippines.
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