Check out some available loans that are similar to this one!
Al Omaraa Group
In this Group: Sanaa, Karima , Olfat
Sanaa is the featured borrower of the Al Omaraa group. She joined with her other group members to acquire a loan from Kiva's partner Al Majmoua, because they have always been neighbors and friends.

Sanaa is a 46-year-old married mother of five children, She works as a housekeeper to help her husband in making their living. Her loan will be used to pay for her son's wedding expenses as their gift to him, She is very happy to see her children getting married but she wishes that they had a better financial situation, so they can provide more support to their children. She is the first from the right, Olfat is the one in the middle and Karima is the one at the left.

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
  • 68
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Al Omaraa Group's $1,200 loan helped a member to help her son in his wedding expenses as his wedding gift.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014