Lorna is the leader and featured member of the group. She is a 32-year-old married mother of two children, standing on the far left of the picture. She owns a small business where she sells and trades purses on the network of "Whatsapp." Her husband is Lebanese and is currently unemployed. She needs the loan in order to purchase merchandise (bags, shoes, etc.) to enhance her business. She is planning to open her own shop in the future, but at this time, she can’t afford such financial expenses.
As for the other group members, Gretchen is standing at the center of the picture, while Arlene is standing on the far right of the picture.
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