Saida is a 46-year-old divorced mother of one child, and she works as a housekeeper for her own and her family's living. With her loan, Saida will pay for her child's living expenses. She is working hard that one day she can save a good amount of money to move back home and start her own business next to her beloved child.
Saida is the one sitting at the right. As for the other group members, Mainnculada is the one in the middle, and Viveliza is the one standing at the left.
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