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Yara Group
In this Group: Diana, Awatef, Akaber
Diana is the featured borrower of Yara group. She joined with the other group members to acquire a loan from Kiva partner Al Majmoua because they have always been neighbors and friends.

Diana is a 37-year-old married mother of three children. She has been working in the mouneh (traditional food preservation) business for three years. She started this business to help her husband cover their family's increasing expenses. Diana is a hard worker with a very good reputation in her region. She provides good products to her customers and shows cleanliness during her work.

Diana is acquiring a loan from Kiva partner Al Majmoua to increase her business merchandise with special seasonal products to conserve for the coming seasons, and to start preparing her homemade food.

Diana is the lady at the center of the picture. As for the other group members, Akaber is the lady standing at the left side of the picture, and Awatef is at the right side with a black top.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,241,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Yara Group's $2,100 loan helped a member to increase her business merchandise with special seasonal products to conserve for the coming seasons, and to start preparing her homemade food.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014