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Zeina 1 Group
In this Group: Dalal, Wafaa, Zeina
Dalal is the featured borrower of Zeina 1 group. She joined together with the other group members to acquire a loan from Kiva partner Al Majmoua, because they have always been neighbors and friends. Dalal is on the left in the photograph, Wafaa is in the middle, and Zeina is wearing black at the right.

Dalal is a 49-year-old married woman, who has worked with her husband in agriculture business, specializing in olives and olive oils, for the last two years. She is a hard worker who is trying to develop her family's business through an acquired loan from Kiva's partner Al Majmoua, which she will use to buy olive oil preserving gallons. She will also use part of this loan to buy a new living room for her house.

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
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Zeina 1 Group's $2,700 loan helped a member to buy necessary olive oil preserving gallons.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014