Al Hayat Group
Samira is a 44-year-old married mother of one child. She has been working as a housekeeper for a year to help her husband make their living and cover their family’s increasing needs.
Samira is acquiring a loan from Kiva partner Al Majmoua to pay for her son’s school fees. She will also use the loan to pay part of the cost of a car. She has already saved a small amount of money to buy the car, which will be helpful to facilitate her family’s needs, especially when taking her son to school and back home.
She hopes to stay in good health to make sure that she’ll stay capable of supporting her husband in covering their family’s expenses.
Samira is the lady at the far right of the picture with a white top. The other group members are Sariya, in the center, and Salwa, on the far left wearing black.
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