Verdun 1 Group
Lenida is the featured borrower of the group. She got along with the other group members to acquire a loan from Kiva's partner Al Majmoua because they have always been friends since they arrived in Lebanon.
She is a 48-year-old widow, the mother of four children whom she sacrifices her whole life for their living and provides them with the necessary life needs. Lenida applied for loan which will be sent to her kids who live with her family in the Philippines for their school needs. She is the one standing in the middle. Elena is the one wearing white, Minerva is wearing blue.
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