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Jocelyn is a 40-year-old married mother of three children, standing second to the left of the picture. Her husband is unemployed, which also makes her the only provider of the family, with barely enough money to cover her own expenses. She needs the Al Majmoua loan in order to be able to send her three children back to school.
Myra is a 25-year-old single young lady, standing on the far left of the picture. She wishes to acquire the Al Majmoua loan in order to help her retired parents back in the Philippines.
Jennifer is a 31-year-old single woman, standing on the far right of the picture. Just like Myra, she wishes to help her retired parents back 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