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Al Tatawor Group
In this Group: Rabab, Sahar, Sarab
Rabab is the featured borrower of Al Tatawor group. She got with the other group members to acquire a loan from Kiva partner Al Majmoua because they all have certain needs and believe that Al Majmoua is their only hope to improve.

Rabab is a 61-year-old married mother of two children. She has been working as a tailor for four years to help her husband in making their living and covering their family's increasing needs.

She is acquiring a loan from Kiva's partner Al Majmoua to buy thread, needles, and accessories that will improve her output and attract new customers.

Rabab is the lady at the far left in the picture wearing a black and white spotted top. As for the other group members, Sahar is in the middle wearing a blue and grey top, and Sarab is wearing a yellow top at the far right.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 57
    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 Tatawor Group's $1,400 loan helped a member to buy thread, needles, and accessories for tailoring.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014