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Lilia Group
In this Group: Linda, Marylyn, Elizabeth
Linda is the featured borrower of the Lilia Group. Linda and the other members of Lilia Group have been friends since they came from their home country of the Philippines to work as housekeepers in order to provide for their families. The group got together to acquire a loan from Kiva partner Al Majmoua.

Linda is a 41-year-old mother of two children, she works as a housekeeper to provide her family with the best living possible. Linda is acquiring a loan from Kiva partner Al Majmoua in order to send money home to cover her children's needs. Linda is thankful that she is dealing with Al Majmoua, because it provides an important additional source of financial support that easily meets their needs.

Linda is the lady standing at the far left side of the picture. As for the other group members, Marylyn is in the middle and Elizabeth is the lady at the right wearing pink.

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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,091,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Lilia Group's $1,200 loan helped a member cover her children's needs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2014