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Grashana Group
In this Group: Marivel, Andrea, Ligaya, Yolanda, Loberita
Marivel is the featured borrower of the Grashana group. She joined with the other group members to request a loan from Kiva partner Al Majmoua because they have always been friends since they left their hometown in the Philippines to fight for their living by working as housekeepers in Lebanon.

Marivel is a 37-year-old single mother of two children. She is her family's sole breadwinner. Marivel is requesting a loan from Kiva partner Al Majmoua in order to pay for her children's education and medication. Marivel is the second woman from the right in the picture. As for the other group members, Andrea is the first woman in the picture from the left, Ligaya is the second, Yolanda is at the center of the picture with yellow top, and Loberita is the first from the 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.

About Lebanon

  • $15,800
    Average annual income
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Grashana Group's $1,700 loan helped a member to pay for her children's education and medication.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014