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.
About Al Majmoua – Lebanese Association for DevelopmentThe 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
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Success!! The loan was 100% repaid